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 positive shift in its perceived value. The company is currently considered undervalued, with a PE ratio of 13.70, an EV to EBITDA of 8.73, and a ROCE of 13.29%. In comparison to its peers, Rishi Laser's valuation metrics stand out; for instance, Thermax has a significantly higher PE ratio of 60.32, while BEML Ltd shows a PE of 56.6, both categorizing them as very expensive.
Despite recent underperformance relative to the Sensex, with a year-to-date return of -14.37% compared to the Sensex's 8.22%, Rishi Laser's strong financial ratios and improved valuation grade suggest it is a compelling investment opportunity. The company's EV to Sales ratio of 0.80 further emphasizes its undervaluation compared to industry standards.