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 is currently considered undervalued based on its strong financial ratios. Key metrics include a PE ratio of 28.82, an EV to EBITDA ratio of 21.36, and a PEG ratio of 0.17, which suggests that the stock is priced favorably relative to its growth potential.
In comparison to its peers, Sky Gold & Diamonds stands out with a more attractive valuation than Titan Company, which has a PE ratio of 86.53, and Kalyan Jewellers at 65.86. Additionally, PC Jeweller, another attractive peer, has a significantly lower PE ratio of 15.4, indicating that Sky Gold & Diamonds offers a competitive edge in valuation within the industry. The company's recent stock performance has also been notable, with a 1-year return of 18.1%, significantly outpacing the Sensex return of 0.31%, reinforcing the attractiveness of its current valuation.