Is Steel Exchange overvalued or undervalued?

As of 26 August 2025, the valuation grade for Steel Exchange has moved from attractive to very attractive, indicating a positive shift in its market position. The company is currently considered undervalued. Key ratios include a PE ratio of 33.12, an EV to EBITDA of 11.34, and a PEG ratio of 0.46, which suggests that the stock is priced favorably relative to its growth prospects.
In comparison to its peers, Steel Exchange's PE ratio is significantly lower than that of JSW Steel at 50.26 and Tata Steel at 39.87, both of which are considered fair and attractive, respectively. This further supports the notion that Steel Exchange is undervalued in the current market. Additionally, while the company has underperformed against the Sensex in the short term, its long-term performance over five years shows a return of 147.81%, outperforming the Sensex's 106.75%.