Is Earthstahl &All. overvalued or undervalued?

As of 24 October 2025, the valuation grade for Earthstahl & All. has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently deemed overvalued. Key ratios reveal a PE ratio of 54.04, an EV to EBIT of 33.49, and a ROCE of only 2.51%, which are substantially higher than its peers. For instance, JSW Steel and Tata Steel have PE ratios of 45.42 and 44.89, respectively, both classified as fairly valued.
In comparison to its industry peers, Earthstahl & All. stands out with a PEG ratio of 0.00, which suggests a lack of growth expectations priced into the stock, further reinforcing its overvaluation status. The stock has underperformed significantly year-to-date, with a return of -42.08% compared to the Sensex's 7.77%, highlighting the disconnect between its current valuation and market performance.