Is Goyal Aluminiums overvalued or undervalued?

As of 7 November 2025, Goyal Aluminiums has moved from a fair valuation to an expensive rating. The company is currently considered overvalued based on its high valuation metrics, including a PE ratio of 46.37, an EV to EBITDA of 56.25, and an EV to EBIT of 63.42. These ratios significantly exceed those of its peers, such as PTC India, which boasts a PE ratio of 7.9 and an EV to EBITDA of 4.18, indicating a stark contrast in valuation.
In comparison to its industry, Goyal Aluminiums stands out as overvalued, especially when looking at its PEG ratio of 0.00, which suggests no growth expectations are priced in. The company's recent performance has also been lackluster, with a year-to-date return of -30.88%, contrasting sharply with the Sensex's positive return of 6.50% over the same period. This further reinforces the notion that Goyal Aluminiums is not only overvalued but also struggling to deliver returns in a rising market.