Is Swastik Pipe overvalued or undervalued?

As of 28 August 2025, the valuation grade for Swastik Pipe has moved from fair to attractive, indicating a positive shift in its market perception. The company appears to be undervalued, particularly when considering its PE ratio of -10.43, a Price to Book Value of 0.35, and an EV to EBITDA of 9.37. These ratios suggest that the stock is trading at a significant discount compared to its intrinsic value.
In comparison to its peers, Swastik Pipe's valuation metrics stand out, especially against JSW Steel, which has a PE ratio of 49.49, and Tata Steel, with a PE ratio of 39.5. This stark contrast highlights Swastik Pipe's potential for growth and recovery. Additionally, while the stock has underperformed in the year-to-date period with a return of -39.35% compared to the Sensex's 3.62%, the attractive valuation suggests that it may present a buying opportunity for investors looking for value in the iron and steel sector.