Is Shree Marutinand overvalued or undervalued?

As of 17 September 2025, Shree Marutinand's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 12.41, an EV to EBITDA of 10.43, and a ROE of 14.87%. In comparison to peers, Elitecon International is considered very expensive with a PE ratio of 387, while PTC India is rated very attractive with a PE of 8.35, highlighting Shree Marutinand's relatively better valuation.
Despite its recent stock performance showing a decline of 50.24% over the past year compared to a slight increase in the Sensex, the current ratios suggest that Shree Marutinand is positioned well within its industry. The EV to Sales ratio of 0.34 further emphasizes its potential for growth relative to its peers. Overall, the company's valuation metrics indicate it is fairly valued in the current market context.