Is Sai Swami Metals overvalued or undervalued?

As of 25 September 2025, the valuation grade for Sai Swami Metals has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 11.15, an EV to EBITDA of 8.42, and a ROE of 52.18%. In comparison, peers such as Whirlpool India have a significantly higher PE ratio of 45.04, while Eureka Forbes shows a PE of 65.74, indicating that Sai Swami Metals is trading at a much lower valuation relative to its peers.
The company's recent stock performance has been notably poor, with a year-to-date return of -28.99%, contrasting sharply with the Sensex's positive return of 3.87% over the same period. This underperformance, coupled with the high valuation ratios compared to its industry peers, reinforces the conclusion that Sai Swami Metals is overvalued in the current market environment.