Is Prakash Industri overvalued or undervalued?

As of 14 November 2025, the valuation grade for Prakash Industri has moved from attractive to very attractive. The company is currently considered undervalued, with a PE ratio of 7.38, a Price to Book Value of 0.79, and an EV to EBITDA ratio of 5.30. In comparison to its peers, Prakash Industri's valuation metrics are significantly lower; for instance, JSW Steel has a PE ratio of 46.61 and an EV to EBITDA of 13.71, while Tata Steel shows a PE of 29.2 and an EV to EBITDA of 10.58.
Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -4.58% compared to the Sensex's 8.22%, the long-term outlook remains strong, as evidenced by a 3-year return of 170.88%. Given the attractive valuation ratios and the comparative analysis with peers, Prakash Industri presents a compelling investment opportunity at its current price of 146.95.