Is Shigan Quantum overvalued or undervalued?

As of 24 September 2025, the valuation grade for Shigan Quantum has moved from fair to expensive, indicating a shift in perception regarding its market value. The company appears overvalued based on its current financial metrics. Key ratios include a PE ratio of 16.88, an EV to EBITDA of 8.76, and a PEG ratio of 0.50, which suggest that the stock may not justify its price given its earnings growth potential.
In comparison to peers, Shigan Quantum's valuation contrasts sharply with Larsen & Toubro, which holds a PE ratio of 32.63 and an EV to EBITDA of 16.97, indicating a more favorable valuation in the market. Other peers like IRB Infrastructure Development also reflect a higher valuation with a PE of 30.69. Furthermore, Shigan Quantum's stock has underperformed significantly, with a year-to-date return of -37.61% compared to a 5.97% gain in the Sensex, reinforcing the notion that the stock is currently overvalued.