Is Surya Roshni overvalued or undervalued?

As of 3 July 2025, the valuation grade for Surya Roshni has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued. Key ratios include a PE ratio of 21.25, an EV to EBITDA of 12.23, and a ROCE of 20.89%.
In comparison to peers, Surya Roshni's PE ratio is significantly lower than that of JSW Steel at 67.67 and Tata Steel at 54.67, which suggests it may be a more attractive investment within the industry. Additionally, Jindal Steel, which is rated attractive, has a PE ratio of 24.13, further illustrating that Surya Roshni's valuation is competitive. Notably, Surya Roshni has outperformed the Sensex with a year-to-date return of 13.93% compared to the Sensex's 6.53%, reinforcing its potential as a solid investment choice.