Is Shivalik Rasayan overvalued or undervalued?

As of 14 November 2025, the valuation grade for Shivalik Rasayan has moved from attractive to very attractive. The company appears to be undervalued based on its current metrics. Key ratios include a PE Ratio of 45.29, an EV to EBITDA of 17.83, and a Price to Book Value of 1.27.
In comparison to its peers, Shivalik Rasayan's valuation stands out as more favorable; for instance, Solar Industries has a PE Ratio of 95.17 and an EV to EBITDA of 58.57, while Gujarat Fluorochemicals shows a PE of 57.32. Despite recent stock performance trailing the Sensex, with a year-to-date return of -43.65% compared to the Sensex's 8.22%, the underlying valuation metrics suggest that Shivalik Rasayan is positioned for potential growth.