Is Shigan Quantum overvalued or undervalued?

As of 10 October 2025, Shigan Quantum's valuation grade has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 15.74, an EV to EBITDA of 8.28, and a PEG Ratio of 0.47, which suggest a reasonable valuation relative to its earnings growth potential.
In comparison to peers, Shigan Quantum's PE Ratio is significantly lower than that of Larsen & Toubro, which stands at 33.56, indicating that Shigan may be undervalued relative to this competitor. Other peers like CG Power & Industries are deemed very expensive with a PE Ratio of 118.45, further highlighting Shigan Quantum's more attractive valuation. Notably, the company's recent stock performance has underperformed the Sensex, with a year-to-date return of -41.81% compared to the Sensex's 6.94%, reinforcing the notion that the stock may present a buying opportunity given its fair valuation amidst broader market trends.