Is National Standar overvalued or undervalued?

As of 18 July 2025, the valuation grade for National Standar has moved from very expensive to risky. The company is currently assessed as overvalued based on its significant financial ratios, including a PE ratio of 433.28, an EV to EBITDA of -2659.44, and an ROE of 4.24%. These figures indicate a concerning valuation relative to its earnings and overall financial health.
In comparison to its peers, Mahamaya Steel has a PE ratio of 82.12 and EV to EBITDA of 34.59, while Azad India shows a PE ratio of 559.62 but also a negative EV to EBITDA. This stark contrast highlights National Standar's extreme valuation metrics. Additionally, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -42.79% compared to the Sensex's 4.63%, reinforcing the notion that it is currently overvalued.