Is Zeal Aqua overvalued or undervalued?

As of 2 June 2025, Zeal Aqua's valuation grade has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently assessed as undervalued, with a PE ratio of 9.86, an EV to EBITDA ratio of 10.51, and a PEG ratio of 0.22, all of which suggest that the stock is trading at a discount compared to its earnings growth potential.
In comparison to its peers, Zeal Aqua's PE ratio is significantly lower than Avanti Feeds, which has a PE of 19.15, and Mukka Proteins, with a PE of 20.24, both categorized as attractive. This disparity highlights Zeal Aqua's undervaluation relative to its industry peers. Additionally, while the stock has underperformed the Sensex in the year-to-date period with a return of -9.31% compared to the Sensex's 5.62%, its one-year return of 11.02% outpaces the Sensex's 7.61%, reinforcing the potential for recovery and growth in the company's valuation.