Is Goodluck India overvalued or undervalued?

As of 8 July 2025, Goodluck India has moved from a fair to an attractive valuation grade, indicating a positive shift in its perceived worth. The company is currently considered undervalued, supported by a PE ratio of 22.78, an EV to EBITDA of 14.77, and a PEG ratio of 1.17. These ratios suggest that the company is positioned favorably compared to its peers, particularly when looking at Jindal Steel, which has a PE of 24, and Tata Steel, which stands at 53.39.
In the context of its industry, Goodluck India's ROCE of 12.39% and ROE of 12.57% further reinforce its strong performance metrics. Additionally, the company's recent stock performance has outpaced the Sensex, with a year-to-date return of 21.40% compared to the Sensex's 7.13%. This combination of favorable ratios and strong returns suggests that Goodluck India is indeed undervalued in the current market landscape.