Is Kanishk Steel overvalued or undervalued?

Nov 15 2025 08:07 AM IST
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As of November 14, 2025, Kanishk Steel is fairly valued with a PE ratio of 14.88 and an EV to EBITDA of 16.31, underperforming peers like Tata Steel and JSW Steel, despite a strong year-to-date return of 64.84% compared to the Sensex's 8.22%.
As of 14 November 2025, Kanishk Steel's valuation grade has moved from attractive to fair, indicating a shift in market perception. The company is currently fairly valued. Key ratios include a PE ratio of 14.88, an EV to EBITDA of 16.31, and a ROE of 10.09%.

In comparison to its peers, Kanishk Steel's valuation metrics are notably lower than those of Tata Steel, which has a PE ratio of 29.2 and an EV to EBITDA of 10.58, suggesting that Kanishk Steel may not be capturing the same growth potential as its more highly valued peers. Additionally, JSW Steel, also fairly valued, has a significantly higher PE ratio of 46.61, indicating a premium for growth. Recent stock performance shows Kanishk Steel has outperformed the Sensex, with a year-to-date return of 64.84% compared to the Sensex's 8.22%, reinforcing its current valuation stance.
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