Is Sharda Ispat overvalued or undervalued?

As of 17 November 2025, the valuation grade for Sharda Ispat has moved from attractive to fair. This indicates a shift in perception regarding the company's value, suggesting it is now fairly valued rather than a strong buy. The company currently has a PE ratio of 22.25, an EV to EBITDA of 25.20, and a ROE of 7.56%.
In comparison to its peers, Sharda Ispat's valuation is relatively modest; for instance, JSW Steel has a PE of 46.87 and Tata Steel boasts a PE of 29.08, both indicating higher valuations in the industry. Given these metrics and the recent performance, Sharda Ispat appears to be fairly valued at this time. Notably, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -30.90% compared to the Sensex's 8.72%, reinforcing the notion that the stock may be experiencing a correction rather than being fundamentally overvalued.