Is Beekay Steel Ind. overvalued or undervalued?

As of 27 June 2025, the valuation grade for Beekay Steel Ind. has moved from very attractive to attractive. The company is currently fairly valued. Key ratios include a PE ratio of 11.12, an EV to EBITDA of 9.51, and a ROE of 8.83%.
In comparison with peers, JSW Steel and Tata Steel are both rated fair, with PE ratios of 66.57 and 53.2, respectively, indicating that Beekay Steel is significantly undervalued relative to these competitors. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -22.77% compared to the Sensex's 7.58%, the company's valuation metrics suggest it remains a solid investment opportunity within the iron and steel industry.