Is Shilp Gravures overvalued or undervalued?

As of 28 July 2025, the valuation grade for Shilp Gravures moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 40.13, an EV to EBITDA of 15.68, and a Price to Book Value of 1.49. In comparison to its peers, Shilp Gravures' PE ratio is lower than Thermax's 69.74 and BEML Ltd's 56.8, indicating a more attractive valuation relative to these companies. The company's return metrics show a ROCE of 2.64% and a ROE of 3.72%, which are relatively low compared to industry standards. Despite recent stock performance showing a 50.83% return over the past year, which outperformed the Sensex's -0.54%, the overall valuation suggests that Shilp Gravures is positioned fairly within its market context.