Is Shantai Indust. overvalued or undervalued?

As of 14 November 2025, Shantai Industries has moved from a fair to an expensive valuation grade. The company is currently considered overvalued, with a PE ratio of 46.86, a Price to Book Value of 1.51, and an EV to EBIT of 10.93. These ratios indicate a high valuation relative to its earnings and book value, suggesting that investors are paying a premium for the stock.
In comparison to its peers, Shantai's PE ratio of 46.86 is slightly lower than K P R Mill Ltd's 43.91 but significantly higher than Trident's 32.4, which is categorized as fair. Additionally, the PEG ratio of 0.00 raises concerns about future growth expectations, especially when compared to peers like Arvind Ltd, which has a PEG of 0.52 and is rated very attractive. While Shantai Industries has outperformed the Sensex in the last three and five years, its recent performance does not justify its current valuation, reinforcing the conclusion that it is overvalued.