Is Scoda Tubes overvalued or undervalued?

As of 14 November 2025, the valuation grade for Scoda Tubes has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 32.37, an EV to EBITDA of 15.30, and a ROE of 21.11%.
In comparison to its peers, Scoda Tubes' PE ratio is notably lower than JSW Steel's 46.61 and higher than Jindal Steel's 27.71, while its EV to EBITDA is competitive with Jindal Steel's 13.05. The PEG ratio of 0.00 suggests that the stock may be undervalued in terms of growth expectations, especially when compared to Tata Steel's PEG of 0.24. Recent stock performance shows Scoda Tubes outperforming the Sensex over the past week and month, reinforcing its valuation narrative.