Is Rishi Laser overvalued or undervalued?

As of 14 November 2025, Rishi Laser's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, particularly when compared to its peers in the industrial manufacturing sector. Key ratios include a PE ratio of 13.70, an EV to EBITDA of 8.73, and a ROCE of 13.29%.
In comparison, notable peers such as Thermax and BEML Ltd have much higher PE ratios of 60.32 and 56.6, respectively, highlighting Rishi Laser's relative affordability. Additionally, while the company has faced negative returns year-to-date and over the past year, its impressive three-year return of 428.36% suggests strong long-term growth potential. Overall, Rishi Laser presents a compelling investment opportunity given its attractive valuation metrics and favorable peer comparisons.