Is Sai Swami Metals overvalued or undervalued?

As of 3 October 2025, the valuation grade for Sai Swami Metals has moved from expensive to very expensive. This indicates that the company is currently overvalued. Key ratios include a PE ratio of 11.76, an EV to EBITDA ratio of 8.84, and a ROE of 52.18%. When compared to peers, Whirlpool India has a significantly higher PE ratio of 42.08, while Eureka Forbes shows a PE of 64.27, both indicating that Sai Swami Metals is trading at a lower valuation despite its elevated grade.
The company's performance in the market has been underwhelming, with a year-to-date return of -25.11%, contrasting sharply with the Sensex's positive return of 3.93% during the same period. This further reinforces the notion that Sai Swami Metals is overvalued, as it struggles to keep pace with broader market trends while exhibiting high valuation ratios compared to its peers.