Is Shah Metacorp overvalued or undervalued?

As of 4 July 2025, Shah Metacorp's valuation grade has moved from very attractive to attractive, indicating a shift in its perceived investment quality. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 21.42, an EV to EBITDA of 23.76, and a PEG ratio of 0.23, which suggests that the stock may be undervalued relative to its growth potential.
In comparison to its peers, Shah Metacorp's PE ratio is significantly lower than that of JSW Steel at 67.37 and Tata Steel at 53.73, both of which are rated as fair. Additionally, Jindal Steel, which is also attractive, has a PE ratio of 23.98. The recent performance of Shah Metacorp shows a 1-month return of 33.01%, outperforming the Sensex's 3.01% return, further reinforcing the notion that the stock may present a compelling investment opportunity despite its current valuation status.