Is Sky Gold & Diam. overvalued or undervalued?

As of 22 August 2025, the valuation grade for Sky Gold & Diamonds has moved from fair to attractive, indicating a positive shift in its perceived value. The company appears to be undervalued given its current metrics, with a PE ratio of 28.82, an EV to EBITDA of 21.36, and a PEG ratio of 0.17, which suggests strong growth potential relative to its price.
In comparison to peers, Sky Gold & Diamonds stands out favorably against Titan Company, which has a significantly higher PE ratio of 86.53, and Kalyan Jewellers at 65.86. Additionally, its PEG ratio of 0.17 is much lower than that of PC Jeweller, which is at 0.07, further reinforcing the attractiveness of Sky Gold & Diamonds. Despite a recent decline in stock price, the company has outperformed the Sensex over the past year with a return of 18.1% compared to the Sensex's 0.31%.