Shivalik Rasayan Experiences Valuation Grade Change Amidst Competitive Chemicals Sector Dynamics

Shivalik Rasayan, a microcap player in the chemicals industry, has recently undergone a valuation adjustment. The company's financial metrics reveal a PE ratio of 57.96 and an EV to EBITDA ratio of 22.88, indicating a complex market position. The price to book value stands at 1.86, while the PEG ratio is noted at 1.89. Additionally, the company has a dividend yield of 0.08%, with a return on capital employed (ROCE) of 4.41% and a return on equity (ROE) of 2.77%.
In comparison to its peers, Shivalik Rasayan's valuation metrics reflect a distinct positioning within the chemicals sector. For instance, TGV Sraac and Sr. Rayala.Hypo exhibit lower PE ratios and EV to EBITDA ratios, suggesting a more favorable valuation landscape for those companies. Meanwhile, Shivalik's performance over various time frames shows a decline in stock returns, particularly over the year-to-date and three-year periods, contrasting with the broader market represented by the Sensex.

This evaluation revision highlights the competitive dynamics within the chemicals industry, where Shivalik Rasayan's financial indicators are juxtaposed against its peers, providing insight into its market standing.