Is Sharda Ispat overvalued or undervalued?

As of 3 November 2025, the valuation grade for Sharda Ispat has moved from fair to attractive, indicating a positive shift in its market perception. The company appears to be undervalued, particularly when considering its PE ratio of 24.34, EV to EBITDA of 26.67, and ROE of 8.28%. In comparison to its peers, Sharda Ispat's valuation metrics are more favorable; for instance, JSW Steel is deemed expensive with a PE of 47.58, while Tata Steel is considered fair with a PE of 46.98.
The recent stock performance of Sharda Ispat has shown resilience, with a 1-week return of 9.08%, contrasting with a slight decline in the Sensex. This performance, combined with the attractive valuation grade and competitive ratios, reinforces the conclusion that Sharda Ispat is currently undervalued in the market.