Is Earthstahl &All. overvalued or undervalued?

As of 24 October 2025, the valuation grade for Earthstahl & All. has moved from expensive to very expensive. The company is currently overvalued, as indicated by its high PE ratio of 54.04, which significantly exceeds the industry average. In comparison, peers such as JSW Steel and Tata Steel have PE ratios of 45.42 and 44.89, respectively, both categorized as fairly valued. Additionally, Earthstahl's EV to EBITDA ratio stands at 11.75, which is on the higher end compared to the industry, further supporting the overvaluation assessment.
With a ROCE of only 2.51% and an ROE of 1.42%, Earthstahl & All. demonstrates weak profitability metrics relative to its peers, which raises concerns about its valuation sustainability. The company's stock has underperformed significantly over the past year, with a return of -44.29% compared to the Sensex's 5.18%, reinforcing the notion that it is currently overvalued in the market.