Is Earthstahl &All. overvalued or undervalued?

As of 18 September 2025, the valuation grade for Earthstahl & All. has moved from attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE Ratio of 26.32, an EV to EBITDA of 11.17, and a Price to Book Value of 0.70, which indicate a moderate valuation relative to its earnings and asset base.
In comparison to peers, JSW Steel has a significantly higher PE Ratio of 53.53 and an EV to EBITDA of 14.16, while Tata Steel is rated attractive with a PE Ratio of 44.24 and an EV to EBITDA of 11.43. Earthstahl & All.'s relatively low Price to Book Value and EV to Sales of 0.62 suggest it may be undervalued compared to some peers, yet its overall ratios align it more closely with a fair valuation. Notably, the company's stock has underperformed the Sensex, with a year-to-date return of -46.78% compared to the Sensex's 6.24%, reinforcing the cautious outlook on its valuation.