Is Kalana Ispat overvalued or undervalued?

As of 13 October 2025, Kalana Ispat's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE Ratio of 35.24, an EV to EBITDA of 17.19, and a Price to Book Value of 0.99, which suggest that the stock may be trading at a discount relative to its intrinsic value.
In comparison to its peers, Kalana Ispat's PE Ratio is significantly lower than that of JSW Steel at 55.51 and Tata Steel at 44.49, both of which are rated as fair. Additionally, the company’s EV to EBITDA is more favorable than that of JSW Steel, which stands at 14.57. Despite recent stock performance lagging behind the Sensex, with a year-to-date decline of 26.35% compared to a 6.69% gain for the index, the valuation metrics indicate that Kalana Ispat presents a compelling investment opportunity at its current price of 32.70.