Is Shivalik Rasayan overvalued or undervalued?

As of 18 August 2025, the valuation grade for Shivalik Rasayan has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially in comparison to its peers. Key ratios include a PE ratio of 53.31, an EV to EBITDA of 20.71, and a PEG ratio of 2.17, which suggest that while the company is priced higher relative to its earnings, it still holds potential for growth.
In comparison to its peers, Shivalik Rasayan's PE ratio is significantly lower than that of Solar Industries, which stands at 108.25, and Godrej Industries, which is at 42.48. This indicates that Shivalik may offer a more attractive entry point for investors despite its relatively high valuation metrics. Notably, the company's recent stock performance has lagged behind the Sensex, with a year-to-date decline of 33.67%, contrasting sharply with the Sensex's gain of 4.01%. This discrepancy further supports the notion that Shivalik Rasayan is undervalued in the current market environment.