Is Simplex Castings overvalued or undervalued?

As of 7 November 2025, the valuation grade for Simplex Castings has moved from expensive to fair. Based on the analysis, the company appears to be fairly valued at this time. Key ratios include a PE ratio of 19.11, an EV to EBITDA of 11.99, and a ROE of 32.22%. In comparison to its peers, Simplex Castings has a PE ratio that is significantly lower than Bharat Forge's 61.39 and Sona BLW Precision's 48.68, indicating a more attractive valuation relative to these companies. Additionally, its PEG ratio of 0.04 suggests strong growth potential compared to its price. Despite a recent decline in stock price, Simplex Castings has outperformed the Sensex significantly over the past year, with a return of 50.51% compared to the Sensex's 4.62%.