Is Goyal Aluminiums overvalued or undervalued?

As of 7 November 2025, Goyal Aluminiums has moved from a fair valuation to an expensive one. The company is currently overvalued, with a PE ratio of 46.37, an EV to EBITDA of 56.25, and a Price to Book Value of 4.52. These ratios suggest that the stock is trading at a significant premium compared to its earnings and book value.
In comparison to its peers, Goyal Aluminiums stands out with a much higher PE ratio than Optiemus Infra, which has a PE of 77.43, and PTC India, noted for its attractive valuation at a PE of 7.9. The company's recent stock performance has been underwhelming, with a year-to-date return of -30.88%, contrasting sharply with the Sensex's gain of 6.50% over the same period. This further reinforces the notion that Goyal Aluminiums is currently overvalued.