Is Shivalic Power overvalued or undervalued?

As of 22 September 2025, Shivalic Power has moved from a valuation grade of very expensive to very attractive, indicating a significant improvement in its perceived value. The company appears to be undervalued at its current price of 97.55, especially when considering its PE ratio of 18.93, EV to EBITDA ratio of 11.58, and ROCE of 17.77%.
In comparison to its peers, Shivalic Power's valuation metrics stand out; for instance, Siemens Energy Industries has a PE ratio of 129.15, while ABB's PE ratio is at 63.22, both categorizing them as very expensive. This stark contrast suggests that Shivalic Power is well-positioned within its industry. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -58.39% compared to the Sensex's 6.59%, reinforcing the notion that it may be undervalued relative to its potential.