Is Geekay Wires overvalued or undervalued?

As of 1 October 2025, the valuation grade for Geekay Wires has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 10.77, an EV to EBITDA of 23.70, and a ROE of 21.96%.
In comparison to its peers, Geekay Wires has a PE Ratio that is significantly lower than JSW Steel, which stands at 54.74, and Tata Steel, which is at 43.09. While the company has a PEG Ratio of 0.00, indicating no growth expectations, its valuation metrics suggest it is aligned with its peers in the fair category. Notably, Geekay Wires has underperformed the Sensex significantly over various time frames, particularly with a year-to-date return of -30.57% compared to the Sensex's 5.04%, reinforcing the notion that the stock may have been undervalued relative to its recent performance.