Is Shangar Decor overvalued or undervalued?

As of 12 November 2025, Shangar Decor's valuation grade has moved from very attractive to expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios reveal a PE ratio of 100.98, an EV to EBITDA of 3.12, and a ROCE of only 2.03%, which are notably high compared to its peers.
In comparison, Altius Telecom, which is rated very attractive, has a PE ratio of 56.22 and an EV to EBITDA of 10.61, while Sagility, rated fair, has a PE of 30.27 and an EV to EBITDA of 16.25. These figures highlight that Shangar Decor's valuation metrics are significantly higher than those of its peers, reinforcing the conclusion that it is overvalued. The company's stock has also underperformed against the Sensex, particularly over the past year, where it has declined by 82.08% compared to the Sensex's 7.36% increase, further supporting the notion of its overvaluation.