Is Shiva Granito overvalued or undervalued?

As of 1 October 2025, the valuation grade for Shiva Granito has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a PE Ratio of 15.20, an EV to EBITDA of 19.55, and a Price to Book Value of 0.65.
In comparison to peers, Kajaria Ceramics has a significantly higher PE Ratio of 55.7 and an EV to EBITDA of 29.27, while L T Foods boasts a PE Ratio of 22.48 and an EV to EBITDA of 15.03, both indicating a more favorable valuation in their respective categories. Additionally, Shiva Granito's recent stock performance has lagged behind the Sensex, with a year-to-date return of -45.24% compared to the Sensex's 3.64%, reinforcing the notion that the stock is currently overvalued.