Is NILE overvalued or undervalued?

As of 28 May 2025, the valuation grade for NILE has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 13.53, an EV to EBITDA of 9.13, and a PEG ratio of 0.81, which suggest that while the company is reasonably priced, there may be limited upside potential compared to its growth prospects.
In comparison to its peers, NILE's PE ratio is lower than that of Hindustan Zinc, which is considered very expensive at 20.37, but slightly higher than Vedanta, which is rated very attractive at 12.87. This positions NILE in a competitive light within the minerals and mining sector. Additionally, despite recent stock performance lagging behind the Sensex on a year-to-date basis, NILE has shown significant long-term growth, with a remarkable 279.79% return over three years, reinforcing its potential as a stable investment in the sector.