Is Surya Roshni overvalued or undervalued?

As of 7 August 2025, Surya Roshni's valuation grade has moved from fair to attractive, indicating a positive shift in its market position. The company is currently assessed as undervalued, supported by a PE ratio of 19.99, an EV to EBITDA ratio of 11.48, and a ROCE of 20.89%. In comparison to its peers, JSW Steel is rated fair with a PE of 51.28, while Tata Steel is attractive with a PE of 41.08, highlighting Surya Roshni's more favorable valuation metrics.
The company's financial performance is further underscored by its solid ROE of 14.06% and a PEG ratio of 3.77, which, while higher than some peers, suggests growth potential relative to its earnings. Notably, Surya Roshni has outperformed the Sensex over the past year with a return of 11.72% compared to the Sensex's 1.45%, reinforcing the attractiveness of its current valuation.