Is Shukra Jewellery overvalued or undervalued?

As of 17 October 2025, Shukra Jewellery's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE Ratio of 35.71, an EV to EBITDA of 11.47, and a PEG Ratio of 0.10, which suggests strong growth potential relative to its price.
In comparison to its peers, Shukra Jewellery's valuation stands out as attractive against Titan Company, which has a PE Ratio of 87.79, and Kalyan Jewellers, with a PE Ratio of 63.13, both categorized as expensive. The company's low Price to Book Value of 0.32 further reinforces its undervalued status. Despite recent stock performance lagging behind the Sensex, particularly over the past year with a decline of 21.01% compared to the Sensex's 3.64%, the overall valuation metrics suggest that Shukra Jewellery presents a compelling investment opportunity.