Is SRU Steels overvalued or undervalued?

As of 4 November 2025, SRU Steels has moved from an attractive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 33.20, an EV to EBITDA of 18.75, and a Price to Book Value of 0.57.
In comparison to its peers, SRU Steels has a similar valuation to Tata Steel, which has a PE ratio of 46.11 and an EV to EBITDA of 11.77, indicating that SRU Steels is relatively cheaper. However, it is more expensive than SAIL, which is rated very attractive with a PE ratio of 20.22 and an EV to EBITDA of 23.21. Notably, SRU Steels has underperformed the Sensex over the past year, with a stock return of -21.64% compared to the Sensex's 5.94%, reinforcing the notion that the stock may be facing challenges despite its current valuation status.