Is Sh. Rama Multi. overvalued or undervalued?

As of 12 November 2025, the valuation grade for Sh. Rama Multi. has moved from very expensive to expensive. The company is currently considered overvalued based on its financial ratios and peer comparisons. Key ratios include a PE ratio of 12.69, an EV to EBITDA of 19.54, and a PEG ratio of 0.04, which suggests that while the earnings are relatively low compared to the price, the growth expectations are significantly undervalued.
In comparison to its peers, Sh. Rama Multi. has a lower PE ratio than Garware Hi Tech, which stands at 25.06, but is higher than AGI Greenpac's 14.57. Additionally, its EV to EBITDA ratio is higher than both AGI Greenpac and Uflex, which are at 9.07 and 6.42, respectively. Despite a strong performance over the past year with a return of 43.69% compared to the Sensex's 7.36%, the current valuation metrics indicate that Sh. Rama Multi. is overvalued relative to its peers in the packaging industry.