Is Shiv Texchem overvalued or undervalued?

As of 16 October 2025, the valuation grade for Shiv Texchem has moved from attractive to fair, indicating a shift in market perception. Based on the current analysis, the company appears to be fairly valued. Key ratios include a PE ratio of 9.19, an EV to EBIT of 7.06, and a ROCE of 17.29%.
When compared to peers, Shiv Texchem's PE ratio is significantly lower than Elitecon International, which is considered very expensive at 377.47, and also lower than Lloyds Enterprises at 30.87. In contrast, PTC India, deemed very attractive, has a PE ratio of 7.87, suggesting that Shiv Texchem is in line with competitive valuations within the industry. Notably, the company's stock has underperformed against the Sensex, with a year-to-date return of -41.62% compared to the Sensex's 6.82%, reinforcing the notion that the stock may be adjusting to its fair valuation.