Is Tata Steel overvalued or undervalued?

As of 14 November 2025, Tata Steel's valuation grade has moved from fair to attractive, indicating a positive shift in its market position. The company is currently assessed as undervalued. Key ratios include a PE ratio of 29.20, an EV to EBITDA of 10.58, and a PEG ratio of 0.24, which suggests strong growth potential relative to its price. In comparison to its peers, Tata Steel's PE ratio is significantly lower than that of JSW Steel, which stands at 46.61, and Jindal Steel at 27.71, both categorized as fair. Additionally, Tata Steel's EV to EBITDA is more favorable than JSW Steel's 13.71. Despite a recent decline in stock price over the past week, Tata Steel has outperformed the Sensex significantly on a year-to-date basis, with a return of 26.10% compared to the Sensex's 8.22%.