Is Shiv Texchem overvalued or undervalued?

As of 10 October 2025, Shiv Texchem's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently considered fairly valued. Key ratios include a PE Ratio of 10.08, an EV to EBIT of 7.56, and a ROCE of 17.29%.
When compared to peers, Shiv Texchem's PE Ratio is significantly lower than Elitecon International, which is rated as very expensive with a PE of 343.39, and MMTC, which is rated risky with a PE of 149.78. Additionally, PTC India, rated very attractive, has a lower PE of 7.86, suggesting that Shiv Texchem is positioned competitively within its industry. The company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -35.99% compared to the Sensex's 5.58%, reinforcing the notion that it may be undervalued relative to its peers.