Is T N Steel Tubes overvalued or undervalued?

As of 26 May 2025, T N Steel Tubes has moved from a risky to an attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 6.95, a Price to Book Value of 0.73, and an EV to EBITDA ratio of 14.14. In comparison, peers such as National Standard exhibit a very expensive PE ratio of 443.53, while Mahamaya Steel also shows a high PE of 67.89, highlighting T N Steel Tubes' relative affordability in the market.
Despite some recent volatility, with a year-to-date return of -37.08% compared to the Sensex's 5.63%, T N Steel Tubes' valuation metrics suggest a compelling investment opportunity. The company's low PEG ratio of 0.00 further reinforces its potential for growth, making it an attractive option in the iron and steel products industry.