Is SRU Steels overvalued or undervalued?

As of 7 November 2025, SRU Steels has moved from an attractive to a fair valuation grade. The company appears to be fairly valued based on its current metrics, with a PE ratio of 32.91, an EV to EBITDA ratio of 18.55, and a PEG ratio of 0.14. In comparison to its peers, JSW Steel is considered expensive with a PE ratio of 46.73, while Tata Steel is also fairly valued with a PE ratio of 46.67.
Given these ratios and the peer comparison, SRU Steels is positioned in the mid-range of its sector, suggesting it is neither undervalued nor overvalued at this time. Recent performance indicates that the stock has underperformed against the Sensex, particularly over the year with a return of -27.84% compared to the Sensex's 4.62%.