Is Shilp Gravures overvalued or undervalued?

As of 21 July 2025, the valuation grade for Shilp Gravures has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 38.52, an EV to EBITDA ratio of 14.85, and a ROE of 3.72%. In comparison to its peers, Thermax has a significantly higher PE ratio of 73.1, while Praj Industries, also rated fair, has a PE of 46.7, highlighting that Shilp Gravures is positioned more competitively within its industry. Despite the recent decline in stock price, with a year-to-date return of -31.83% compared to a 5.20% increase in the Sensex, Shilp Gravures has demonstrated strong long-term performance, with a 5-year return of 439.95%. This suggests that while the stock may be experiencing short-term volatility, its long-term potential remains robust, reinforcing the conclusion that it is fairly valued in the current market context.