Is Sharda Ispat overvalued or undervalued?

As of 10 October 2025, the valuation grade for Sharda Ispat has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 25.75, an EV to EBITDA of 27.88, and a ROCE of 9.37%.
In comparison to its peers, Sharda Ispat's PE Ratio is significantly lower than that of JSW Steel, which stands at 55.8, and Tata Steel at 44.71, both of which are rated as fair. Additionally, while SAIL is also rated attractive, it has a much lower PE Ratio of 17.94, suggesting that Sharda Ispat may have room for growth. Despite recent stock performance lagging behind the Sensex, particularly over the past year with a decline of 43.80%, the long-term outlook remains strong, as evidenced by a remarkable 276.52% return over the past three years.