Is Jindal Saw overvalued or undervalued?

As of 7 August 2025, Jindal Saw's valuation grade has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently assessed as undervalued, given its PE ratio of 7.80, EV to EBITDA of 5.37, and a Price to Book Value of 1.18. These figures suggest that Jindal Saw is trading at a significant discount compared to its peers, such as Tata Steel with a PE ratio of 41.08 and JSW Steel at 51.28.
In comparison to its industry, Jindal Saw's ratios highlight its competitive positioning, particularly with a PEG ratio of 0.00, which suggests potential for growth without the corresponding price increase. While the stock has underperformed against the Sensex in the short term, with a year-to-date return of -28.16% compared to the Sensex's 3.18%, its long-term performance over three and five years shows substantial gains of 384.99% and 590.22%, respectively. This long-term growth potential reinforces the view that Jindal Saw is currently undervalued in the market.