Is Senco Gold overvalued or undervalued?

As of 1 October 2025, Senco Gold's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered overvalued based on its key financial ratios, which include a PE ratio of 26.53, an EV to EBITDA of 16.07, and a Price to Book Value of 2.86. Compared to its peers, Senco Gold's valuation appears high; for instance, Titan Company has a PE ratio of 81.35, while PC Jeweller, rated very attractive, has a significantly lower PE of 14.27.
The peer comparison highlights that while Senco Gold is rated attractive, it is still on the higher end of the spectrum relative to other competitors in the industry. The company's recent stock performance has been poor, with a year-to-date return of -35.95%, contrasting sharply with the Sensex's positive return of 3.64% during the same period. This underperformance further supports the conclusion that Senco Gold is overvalued in the current market environment.