Is Parmeshwar Metal overvalued or undervalued?

As of 26 August 2025, the valuation grade for Parmeshwar Metal has moved from expensive to fair. The company is currently fairly valued based on its financial ratios, which include a PE Ratio of 9.76, an EV to EBIT of 8.90, and a ROE of 29.51%. In comparison to its peers, Coal India, which is rated very attractive, has a PE of 6.93, while NMDC, rated attractive, has a PE of 9.39. This indicates that Parmeshwar Metal's valuation is competitive within its industry.
The company's performance metrics suggest a solid position, particularly with a ROCE of 25.17%, indicating efficient capital use. While Parmeshwar Metal's stock has shown a slight decline of 0.71% over the past week, it has outperformed the Sensex, which fell by 1.05% in the same period. Overall, Parmeshwar Metal appears to be fairly valued, presenting a reasonable investment opportunity within the industrial products sector.