Is Auro Impex overvalued or undervalued?

As of 17 November 2025, Auro Impex's valuation grade has moved from expensive to fair, indicating a reassessment of its market position. The company appears fairly valued at this time. Key ratios include a PE ratio of 11.20, an EV to EBITDA of 10.25, and a ROCE of 9.56%.
In comparison with peers, JSW Steel has a significantly higher PE ratio of 46.87, while Tata Steel, rated as attractive, has a PE of 29.08. This suggests that Auro Impex is positioned more competitively within its industry, particularly when considering its lower valuation metrics. Notably, the stock has underperformed against the Sensex, with a year-to-date return of -47.76% compared to the Sensex's 10.02%, reinforcing the notion that the stock may be undervalued relative to its peers.