Is Salzer Electron. overvalued or undervalued?

As of 10 November 2025, the valuation grade for Salzer Electronics has moved from attractive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 21.86, an EV to EBITDA of 11.26, and a ROCE of 12.45%.
In comparison to its peers, Salzer Electronics has a lower PE ratio than Larsen & Toubro, which stands at 33.62, indicating that Salzer may not be as highly valued as some competitors. Other peers, such as CG Power & Industries and Siemens, are categorized as very expensive, with PE ratios of 108.77 and 56.89, respectively. The recent stock performance shows a significant decline, with a year-to-date return of -50.83%, contrasting sharply with the Sensex's positive return of 6.91% during the same period, reinforcing the notion that Salzer Electronics is currently fairly valued.