Is Shivalik Rasayan overvalued or undervalued?

As of 18 July 2025, the valuation grade for Shivalik Rasayan has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 54.89, an EV to EBITDA ratio of 24.75, and a PEG ratio of 1.66. In comparison to its peers, Solar Industries is rated very expensive with a PE of 111.48 and an EV to EBITDA of 68.64, while Godrej Industries is considered attractive with a PE of 39.68 and an EV to EBITDA of 31.11.
Despite the fair valuation, Shivalik Rasayan has shown a decline in its stock performance year-to-date, down 22.96%, compared to a 4.63% increase in the Sensex. This underperformance over the short term contrasts with its long-term growth, where it has gained 63.22% over the past five years, suggesting potential for recovery.