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 strong improvement in its perceived value. The company is currently considered undervalued. Key ratios supporting this assessment include 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 PE Ratio is significantly lower than Thermax, which has a PE of 60.32, and BEML Ltd, with a PE of 56.6, both categorized as very expensive. This suggests that Rishi Laser offers a more favorable valuation relative to its industry counterparts. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -14.37% compared to the Sensex's 8.22%, the long-term growth potential remains strong, as evidenced by a remarkable 428.36% return over three years.