Is Surani Steel Tub overvalued or undervalued?

As of 19 September 2025, the valuation grade for Surani Steel Tub has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 44.37, an EV to EBITDA of 114.38, and a ROE of 2.68%.
In comparison to peers, JSW Steel has a PE ratio of 53.69 and an EV to EBITDA of 14.2, while Tata Steel is rated attractive with a PE of 44.17 and an EV to EBITDA of 11.41. These comparisons highlight that Surani Steel Tub's valuation remains high relative to its peers, reinforcing the conclusion of overvaluation. Additionally, the company's stock has significantly underperformed against the Sensex, with a year-to-date return of -50.72% compared to the Sensex's 7.11%, further suggesting that the market may be reassessing its value.