Is The Ramco Cement overvalued or undervalued?

As of 7 November 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 based on its financial metrics, with a PE ratio of 131.46, an EV to EBITDA of 27.46, and a Price to Book Value of 0.32.
In comparison to its peers, The Ramco Cement's PE ratio is significantly higher than Grasim Industries, which stands at 42.45, but lower than UltraTech Cement's 47.58. The EV to EBITDA ratio is also competitive when compared to Ambuja Cements at 19.08, suggesting that while The Ramco Cement is fairly valued, it still faces pressure from peers with more attractive valuations. Notably, the company's stock has outperformed the Sensex over the past year, returning 17.80% compared to the Sensex's 4.62%, reinforcing its current valuation stance.