Is Shera Energy overvalued or undervalued?

As of 24 June 2025, Shera Energy's valuation grade has moved from attractive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 24.45, an EV to EBITDA of 8.47, and a ROCE of 20.78%.
In comparison to its peers, Shera Energy's PE ratio is higher than Vedanta's 12.80, which is rated as very attractive, but lower than Hindustan Zinc's 17.97, which is considered very expensive. The PEG ratio of Shera Energy stands at 0.39, indicating potential growth relative to its price. Notably, Shera Energy has underperformed against the Sensex, with a year-to-date return of -21.72% compared to the Sensex's 5.92%, reinforcing the notion that the stock may be facing challenges in the current market environment.