Is Shigan Quantum overvalued or undervalued?

As of 17 September 2025, Shigan Quantum's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be undervalued based on its current financial metrics. Key ratios include a PE Ratio of 15.44, an EV to EBITDA of 8.15, and a PEG Ratio of 0.46, all suggesting that the company is trading at a discount relative to its earnings growth potential.
In comparison to its peers, Shigan Quantum's valuation stands out favorably against Larsen & Toubro, which has a PE Ratio of 32.69 and an EV to EBITDA of 16.99, indicating that Shigan offers a more attractive investment opportunity. Other peers like CG Power & Ind and Siemens are significantly more expensive, with PE Ratios of 124.33 and 62.04, respectively. Additionally, Shigan's recent stock performance has lagged behind the Sensex, with a year-to-date return of -42.92% compared to the Sensex's 7.13%, reinforcing the notion that the stock may be undervalued in the current market environment.