Is Shanti Gold overvalued or undervalued?

As of 10 November 2025, the valuation grade for Shanti Gold has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE Ratio of 29.38, an EV to EBITDA of 20.29, and a ROE of 36.65%.
In comparison to its peers, Shanti Gold's valuation metrics stand out, with Titan Company showing a much higher PE of 81.74 and Kalyan Jewellers at 56.58. This suggests that Shanti Gold is priced at a premium relative to its industry counterparts. Notably, the company has underperformed the Sensex over the past week, with a stock return of -7.41% compared to the Sensex's -0.53%, which further underscores its overvaluation in the current market context.