Is Goodluck India overvalued or undervalued?

As of 2 July 2025, Goodluck India has moved from a fair to an attractive valuation grade, indicating a positive shift in its market perception. The company is currently considered undervalued, with a PE ratio of 22.37, an EV to EBITDA of 14.55, and a PEG ratio of 1.15. These ratios suggest that the stock is trading at a reasonable price relative to its earnings and growth potential.
In comparison to its peers, Goodluck India stands out favorably against JSW Steel, which has a significantly higher PE ratio of 68.63, and Tata Steel, with a PE of 54.69. Additionally, Jindal Steel, another attractive peer, has a PE ratio of 24.52, further supporting the notion that Goodluck India is undervalued in its sector. The company's recent stock performance has also outpaced the Sensex, with a year-to-date return of 19.23% compared to the Sensex's 6.75%, reinforcing the attractiveness of its valuation.