Is Vikas Ecotech overvalued or undervalued?

As of 7 August 2025, the valuation grade for Vikas Ecotech has moved from very expensive to expensive. This indicates a slight improvement in perceived value, yet the company remains on the higher end of the valuation spectrum. Based on the current analysis, Vikas Ecotech is considered overvalued. The company has a PE ratio of 22.71, an EV to EBITDA of 34.25, and a Price to Book Value of 0.98, which are relatively high compared to its peers.
In comparison, Solar Industries and Gujarat Fluoroch are both classified as very expensive, with PE ratios of 111.5 and 64.11, respectively, while Godrej Industries stands out as attractive with a PE of 38.02. The disparity in these ratios suggests that Vikas Ecotech, despite its expensive classification, does not offer a compelling valuation relative to its peers. Furthermore, Vikas Ecotech has underperformed significantly against the Sensex, with a year-to-date decline of 31.45% compared to a 3.18% increase in the index, reinforcing the notion that the stock may not be a favorable investment at its current price.