Is Kritika Wires overvalued or undervalued?

As of 6 November 2025, Kritika Wires has moved from a fair to a very attractive valuation grade. The company appears to be undervalued, particularly when considering its key ratios: a PE ratio of 22.91, an EV to EBITDA of 46.81, and a Price to Book Value of 0.22. These figures suggest that the market may not fully recognize the company's potential, especially given its low Price to Book ratio compared to industry peers.
In comparison to its peers, Kritika Wires stands out with a PEG ratio of 0.00, indicating potential for growth that is not reflected in its current price. For instance, JSW Steel, which is considered expensive, has a PE ratio of 46.66, while Tata Steel, rated as fair, has a PE of 45.59. Despite recent underperformance against the Sensex, with a year-to-date return of -28.66% compared to the Sensex's 7.89%, the long-term outlook remains promising, especially given the company's significant 5-year return of 233.33%.