Is Shiv Texchem overvalued or undervalued?

As of 13 October 2025, the valuation grade for Shiv Texchem has moved from fair to attractive, indicating a more favorable outlook for the company. Based on the analysis, Shiv Texchem is currently undervalued. The company exhibits a PE ratio of 8.97, an EV to EBIT ratio of 6.93, and a ROCE of 17.29%, which are significantly lower than many of its peers.
In comparison to its peers, Shiv Texchem's valuation metrics stand out. For instance, PTC India, which is rated very attractive, has a PE ratio of 7.85, while Elitecon International is considered very expensive with a PE ratio of 360.49. This stark contrast highlights Shiv Texchem's relative undervaluation in the market. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date decline of 43.03%, further emphasizing the potential for recovery and growth in its valuation.