Is Shigan Quantum overvalued or undervalued?

As of 16 October 2025, the valuation grade for Shigan Quantum has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 15.79, an EV to EBITDA of 8.30, and a PEG ratio of 0.47, which suggest that while the company has a reasonable earnings multiple, its growth prospects may not justify its current price.
In comparison to its peers, Shigan Quantum's valuation appears high; for instance, Larsen & Toubro has a PE ratio of 34.23 and an EV to EBITDA of 17.70, reflecting a more favorable growth outlook despite its higher multiples. Other peers like CG Power & Ind are deemed very expensive with a PE ratio of 119.49, further highlighting Shigan Quantum's relative positioning. Additionally, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -41.64% compared to the Sensex's 8.21%, reinforcing the notion that Shigan Quantum is currently overvalued.