Is Siyaram Recycli. overvalued or undervalued?

As of 16 September 2025, the valuation grade for Siyaram Recycli. has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued based on its PE ratio of 16.97, an EV to EBIT of 12.49, and an EV to EBITDA of 11.93. In comparison to peers, Hindustan Zinc is rated as very expensive with a PE of 18.94, while Vedanta is considered very attractive with a lower PE of 13.68, highlighting the relative overvaluation of Siyaram Recycli.
The company's financial metrics suggest that it is trading at a premium compared to its industry peers, which could be a concern for potential investors. Notably, Siyaram Recycli. has experienced a 4.86% return over the past week, outperforming the Sensex's 1.58% return, but its year-to-date performance shows a decline of 20.21% compared to the Sensex's gain of 5.43%. This discrepancy further reinforces the notion that the stock may be overvalued in the current market environment.