Is Spinaroo Comm. overvalued or undervalued?

As of 3 June 2025, the valuation grade for Spinaroo Comm. has moved from does not qualify to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a PE ratio of 29.38, an EV to EBIT of 16.03, and an EV to EBITDA of 14.44.
In comparison to its peers, Spinaroo Comm. has a significantly higher PE ratio than Hindalco Industries Ltd. at 8.8 and National Aluminium Co. Ltd. at 6.57, both of which are considered attractive. This suggests that Spinaroo may not be as undervalued as its peers, despite its fair valuation status. Additionally, the company's recent stock performance has lagged behind the Sensex, with a 1-week return of -11.04% compared to a 1.36% gain in the index, reinforcing the notion that it may be facing challenges in the current market environment.