Is Surya Roshni overvalued or undervalued?

As of 12 November 2025, Surya Roshni has moved from a fair to an expensive valuation grade. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 18.61, an EV to EBITDA of 10.78, and a PEG ratio of 8.31, which suggest that the stock is priced higher relative to its earnings growth potential compared to its peers.
In comparison to its industry peers, Surya Roshni's PE ratio is significantly lower than that of JSW Steel at 47.32 and Tata Steel at 45.95, both of which are rated as fair. Additionally, the company's EV to EBITDA ratio is also less favorable than many peers, indicating a premium valuation. Despite a strong historical performance over the long term, recent returns have lagged behind the Sensex, with a year-to-date decline of 5.63% compared to an 8.10% gain in the index, reinforcing the view that the stock is currently overvalued.