Is Sai Swami Metals overvalued or undervalued?

As of 29 September 2025, the valuation grade for Sai Swami Metals moved from expensive to very 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 to peers, Whirlpool India has a significantly higher PE ratio of 43.01, while Eureka Forbes stands at 65.51, indicating that Sai Swami Metals is trading at a lower valuation despite its high ROE. The company's recent stock performance has been poor, with a year-to-date return of -28.99%, contrasting sharply with the Sensex's positive return of 2.85% during the same period, further supporting the overvaluation assessment.