Is Shree Metalloys overvalued or undervalued?

As of 18 November 2025, Shree Metalloys has moved from a fair to an attractive valuation grade, indicating a positive shift in its market perception. The company appears to be undervalued, supported by a PE ratio of 16.29, an EV to EBIT of 15.52, and a PEG ratio of 0.22, which suggests strong growth potential relative to its price.
In comparison to its peers, Shree Metalloys stands out favorably; for instance, PTC India, which is rated very attractive, has a significantly lower PE ratio of 7.54, while Elitecon International is deemed very expensive with a PE ratio of 279.69. Additionally, Shree Metalloys' ROCE of 11.10% and ROE of 12.19% further reinforce its financial health. Despite recent underperformance against the Sensex over the year, the company's long-term growth trajectory remains promising, making it an appealing investment opportunity.