Is Sharda Ispat overvalued or undervalued?

As of 7 November 2025, the valuation grade for Sharda Ispat has moved from attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 23.73, an EV to EBITDA of 26.14, and a ROCE of 9.37%.
In comparison to its peers, Sharda Ispat's PE ratio is notably lower than that of JSW Steel, which is considered expensive at 46.73, and Tata Steel, which is also fairly valued at 46.67. While Sharda Ispat's valuation metrics indicate a fair standing, its recent stock performance has lagged behind the Sensex, particularly with a year-to-date decline of 20.49% compared to the Sensex's gain of 6.50%.