Is Shiva Global overvalued or undervalued?

As of 13 November 2025, the valuation grade for Shiva Global has moved from attractive to very attractive, indicating a significant positive shift in its valuation outlook. The company is currently considered undervalued. Key ratios include a PE ratio of 83.03, an EV to EBITDA of 10.27, and a PEG ratio of 0.81, which suggests that despite a high PE ratio, the growth expectations are reasonable compared to its price.
In comparison to its peers, Shiva Global's PE ratio is notably higher than that of Chambal Fertilizers at 10.04 and Deepak Fertilizers at 18.2, both of which are classified as attractive. This indicates that while Shiva Global has a premium valuation, its growth potential may justify this. Additionally, the company's recent stock performance shows a decline of 3.67% over the past week, contrasting with a 1.40% gain in the Sensex, which may further support the undervaluation narrative.