Is The Ramco Cement overvalued or undervalued?

As of 1 October 2025, The Ramco Cement's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 174.03, an EV to EBITDA of 21.20, and a Price to Book Value of 3.13. In comparison to its peers, UltraTech Cement is categorized as very expensive with a PE of 51.58, while Grasim Industries is considered attractive with a PE of 44.72.
Despite the recent stock performance showing a decline of 5.07% over the past week compared to a 0.90% drop in the Sensex, The Ramco Cement has delivered a 12.50% return over the past year, outperforming the Sensex's negative return of 3.90%. Overall, the company's valuation metrics suggest that it is fairly positioned within the competitive landscape of the cement industry.