Is Sky Gold & Diam. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Sky Gold & Diamonds has moved from fair to attractive, indicating a positive shift in its market positioning. The company is currently considered undervalued, with a PE ratio of 29.17, an EV to EBITDA ratio of 20.54, and a PEG ratio of 0.28. These ratios suggest that the company is trading at a lower valuation compared to its earnings growth potential.
In comparison to its peers, Sky Gold & Diamonds stands out with a more favorable valuation. For instance, Titan Company has a significantly higher PE ratio of 82.07, while Kalyan Jewellers is deemed expensive with a PE of 55.14. Additionally, the company's ROE of 17.87% and ROCE of 17.21% further reinforce its strong financial performance relative to competitors. Despite a recent decline in stock performance over the year-to-date period, the long-term returns of 2212.79% over three years highlight its potential for growth, making it an attractive investment opportunity in the gems and jewellery sector.