Is Shree Metalloys overvalued or undervalued?

As of 7 November 2025, the valuation grade for Shree Metalloys has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios reflect this assessment, with a PE ratio of 16.67, an EV to EBITDA of 13.34, and a ROE of 12.23%. In comparison to peers, Shree Metalloys' PE ratio is significantly lower than Elitecon International's exorbitant 378.62, but still higher than PTC India's attractive 7.9, suggesting that while it may not be the most expensive in the market, it is not positioned favorably either.
The company's performance has been lackluster, with a year-to-date return of -19.59%, contrasting sharply with the Sensex's gain of 6.50% in the same period. Given these factors, Shree Metalloys is deemed overvalued, as its current market price does not adequately reflect its financial performance and growth prospects relative to its peers.