Is Ultramarine Pig. overvalued or undervalued?

As of 13 November 2025, the valuation grade for Ultramarine Pig. has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered fairly valued. Key ratios include a PE ratio of 16.23, an EV to EBITDA of 10.27, and a PEG ratio of 0.47, which suggest that while the company is performing well, it may not present the same level of value as before.
In comparison to its peers, Ultramarine Pig. has a PE ratio similar to Sudarshan Chem at 138.83, which is deemed fair, while Meghmani Organics, also attractive, has a PE of 46.06. This positions Ultramarine Pig. favorably within its industry, especially when considering its lower valuation metrics. Despite recent underperformance against the Sensex, with a year-to-date return of -17.49% compared to the Sensex's 8.11%, the company's fundamentals remain solid, suggesting it is well-positioned for future growth.