Is Shilp Gravures overvalued or undervalued?

As of 14 November 2025, the valuation grade for Shilp Gravures has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently assessed as overvalued. Key ratios include a PE Ratio of 50.63, an EV to EBIT of 28.38, and a Price to Book Value of 1.39, all of which suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Shilp Gravures' PE Ratio is lower than Thermax's 60.32 but higher than BEML Ltd's 56.6, both of which are categorized as very expensive. Additionally, the EV to EBITDA ratio of 11.93 is notably higher than that of Elecon Engineering, which stands at 19.23, further emphasizing the overvaluation. While Shilp Gravures has shown a strong performance over the long term, with a 5-year return of 241.14%, its recent stock performance has lagged behind the Sensex, with a year-to-date return of -31.27% compared to the Sensex's 8.22%.