Is Shanti Gold overvalued or undervalued?

As of 16 September 2025, the valuation grade for Shanti Gold has moved from expensive to fair, indicating a more favorable assessment of its worth. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 28.60, an EV to EBITDA of 19.82, and a ROE of 36.65%.
When compared to peers, Shanti Gold's valuation appears reasonable, especially against Titan Company, which has a significantly higher PE Ratio of 85.17, and Kalyan Jewellers, which is classified as expensive with a PE of 65.38. Despite recent underperformance relative to the Sensex, with a 1-month stock return of -10.64% compared to the Sensex's 2.21%, the overall financial health and ratios suggest that Shanti Gold is fairly valued in the current market context.