Is Saurashtra Cem. overvalued or undervalued?

As of 10 November 2025, Saurashtra Cement has moved from a valuation grade of very expensive to fair. The company is currently fairly valued. Key ratios include a PE ratio of 38.13, an EV to EBITDA of -7.22, and a PEG ratio of 0.00, indicating a lack of growth relative to its price.
In comparison to its peers, UltraTech Cement is rated very expensive with a PE of 47.21, while Grasim Industries is very attractive with a PE of 43.08. Notably, Saurashtra Cement's negative EV to EBIT and EV to Capital Employed ratios suggest significant operational challenges. The company's stock has underperformed compared to the Sensex, particularly over the past year, which may reflect broader market sentiment regarding its valuation.