Is Shiva Global overvalued or undervalued?

As of 1 October 2025, the valuation grade for Shiva Global has moved from attractive to very attractive, indicating a significant improvement in its market positioning. The company is currently considered undervalued, particularly given its PE ratio of 45.98, EV to EBIT of 13.74, and a PEG ratio of 0.45, which suggests strong growth potential relative to its valuation.
In comparison to its peers, Shiva Global's valuation metrics stand out; for instance, Coromandel International has a PE ratio of 33.42, while Chambal Fertilizers shows a much lower EV to EBITDA of 7.84. This positions Shiva Global favorably within the industry, especially when considering its robust growth prospects reflected in the PEG ratio. Despite recent stock performance lagging behind the Sensex over the past year, the long-term outlook remains promising, reinforcing the undervaluation narrative.