Is Beekay Steel Ind. overvalued or undervalued?

As of 14 July 2025, Beekay Steel Ind. has moved from an attractive to a very attractive valuation grade. The company appears undervalued based on its current financial metrics. Key ratios include a PE Ratio of 10.92, a Price to Book Value of 0.97, and an EV to EBITDA of 9.37, which are significantly lower than many of its peers. For instance, JSW Steel has a PE Ratio of 67.22 and Tata Steel has a PE Ratio of 52.86, indicating that Beekay Steel is trading at a substantial discount relative to these competitors.
In comparison to its peers, Beekay Steel's PEG Ratio stands at 0.00, while Jindal Steel, which is rated as attractive, has a PEG Ratio of 0. Additionally, the company's ROE is 8.83%, which is competitive within the industry. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -24.12% compared to the Sensex's 5.27%, the underlying valuation metrics suggest that Beekay Steel Ind. is positioned as an attractive investment opportunity in the current market landscape.