Is Precision Metal. overvalued or undervalued?

As of 4 September 2025, the valuation grade for Precision Metal has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 35.28, an EV to EBIT of 23.16, and a Price to Book Value of 0.41.
In comparison to its peers, JSW Steel has a PE Ratio of 51.26 and Tata Steel boasts a PE Ratio of 42.88, both indicating higher valuations in the industry. Notably, Precision Metal's PEG Ratio is 0.00, which suggests a lack of growth expectations compared to its peers. The recent stock performance has been underwhelming, with a year-to-date return of -49.59%, contrasting with a Sensex return of 4.61%, reinforcing the notion that the stock may be undervalued relative to its current market conditions.