Is Precision Metal. overvalued or undervalued?

As of 19 September 2025, the valuation grade for Precision Metal has moved from expensive to fair. The company is currently fairly valued based on its financial ratios, which include a PE Ratio of 33.17, an EV to EBIT of 21.05, and a Price to Book Value of 0.38. Compared to its peers, JSW Steel has a significantly higher PE Ratio of 53.69, while Tata Steel, rated as attractive, has a PE of 44.17, indicating that Precision Metal is positioned more favorably in terms of valuation.
Despite the fair valuation, Precision Metal has faced considerable stock price declines, with a year-to-date return of -52.5% compared to the Sensex's positive return of 7.11%. This stark contrast highlights the potential for recovery in Precision Metal's stock price, especially given its current valuation metrics relative to peers.