Is Shiv Texchem overvalued or undervalued?

As of 10 November 2025, Shiv Texchem's valuation grade has moved from fair to attractive, indicating a more favorable assessment of its market position. The company is currently considered undervalued, with a PE ratio of 8.57, an EV to EBITDA of 6.69, and a ROCE of 17.29%. In comparison to its peers, PTC India, which is rated very attractive, has a lower PE ratio of 7.89, while Elitecon International is deemed very expensive with a PE ratio of 359.8.
Despite the recent stock performance showing a significant decline of 39.33% over the past year, which contrasts with the Sensex's 5.09% return, the current valuation metrics suggest that Shiv Texchem presents a compelling investment opportunity. The company's strong ROE of 14.45% further supports its attractiveness in the market.