Is Siyaram Recycli. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Siyaram Recycli. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 12.56, an EV to EBITDA of 9.56, and a PEG ratio of 0.21, indicating a favorable valuation relative to its earnings growth potential.
In comparison to peers, Siyaram Recycli. stands out with a PE ratio lower than Hindustan Zinc, which is rated as very expensive at 19.47, and Vedanta, which is very attractive at 15.26. The company's return metrics, such as a ROCE of 12.75% and ROE of 11.48%, further support its valuation. However, it has underperformed against the Sensex, with a year-to-date return of -40.85% compared to the Sensex's 8.22%, highlighting potential market concerns despite its fair valuation.