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 peers, Shukra Jewellery's valuation stands out; for instance, Titan Company is classified as expensive with a PE of 87.79, while Kalyan Jewellers also falls into the expensive category with a PE of 63.13. Additionally, the company's recent stock performance has lagged behind the Sensex, particularly in the year-to-date return, where it has declined by 48.22% compared to the Sensex's 7.44%. This further reinforces the argument that Shukra Jewellery is undervalued in the current market context.