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 fairly valued based on its key financial metrics, including a PE Ratio of 10.08, an EV to EBIT of 7.56, and a ROCE of 17.29%.
In comparison to its peers, Shiv Texchem's valuation stands out against Elitecon International, which is deemed very expensive with a PE Ratio of 343.39, and PTC India, which is very attractive with a PE Ratio of 7.86. Given these comparisons and the current valuation metrics, Shiv Texchem appears to be fairly valued in the market. Notably, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -35.99% compared to the Sensex's 5.58%, reinforcing the cautious outlook on its valuation.