Is Kanishk Steel overvalued or undervalued?

Nov 06 2025 08:07 AM IST
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As of November 4, 2025, Kanishk Steel is fairly valued with a PE Ratio of 16.29, an EV to EBITDA of 17.02, and a ROE of 9.03%, outperforming the Sensex with a year-to-date return of 61.56%, while its valuation is reasonable compared to peers like Tata Steel and JSW Steel.
As of 4 November 2025, Kanishk Steel's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 16.29, an EV to EBITDA of 17.02, and a ROE of 9.03%.

In comparison to its peers, Kanishk Steel's valuation appears reasonable when juxtaposed with Tata Steel, which has a PE Ratio of 46.11 and is considered fair, and JSW Steel, deemed expensive with a PE Ratio of 47.14. Notably, Kanishk Steel has outperformed the Sensex in various time frames, including a year-to-date return of 61.56% compared to the Sensex's 6.81%, reinforcing its competitive position in the market.
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