Is Shukra Jewellery overvalued or undervalued?

As of 4 November 2025, Shukra Jewellery's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued, with a PE ratio of 37.49, an EV to EBIT of 12.04, and a PEG ratio of 0.10. These ratios suggest that while the company has potential, its current pricing does not present a significant discount relative to its earnings growth prospects.
In comparison to its peers, Shukra Jewellery's valuation metrics are notably lower than those of Titan Company, which has a PE ratio of 81.98, and Kalyan Jewellers at 67.38. However, it is worth noting that companies like PC Jeweller, which is rated very attractive, has a much lower PE ratio of 13.59. Recent performance shows that Shukra Jewellery has outperformed the Sensex over the past week and month, but it has underperformed year-to-date and over the past year, which may reflect broader market trends affecting the jewellery sector.