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S H KelkarNSE:SHK -0.56%84 EV-to-EBITDA is 9.38 as of Aug. 25, 2026, which is 17% below its 10-year median of 11.33. GuruFocus rates NSE:SHK with a GF Score™ of 84/100 and a GF Value™ of ₹244.72 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,332 Chemicals companies, S H Kelkar ranks better than 60.44% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, S H Kelkar's enterprise value is ₹30,931 Mil.
S H Kelkar's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3,299 Mil. Therefore, S H Kelkar's EV-to-EBITDA for today is 9.38.
The historical rank and industry rank for S H Kelkar's EV-to-EBITDA or its related term are showing as below:
NSE:SHK'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.67 Med: 11.33 Max: 31.2
Current: 9.37
During the past 12 years, the highest EV-to-EBITDA of S H Kelkar was 31.20. The lowest was 4.67. And the median was 11.33.
NSE:SHK's EV-to-EBITDA is ranked better than 60.44% of 1332
companies
in the Chemicals industry
Industry Median: 12.395
vs NSE:SHK: 9.37
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
S H Kelkar's share price for today is ₹153.73.
S H Kelkar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹6.430.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for S H Kelkar's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Chemicals subindustry, S H Kelkar's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
S H Kelkar EV-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, S H Kelkar's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where S H Kelkar's EV-to-EBITDA falls into.
S H Kelkar's current Enterprise Value is ₹30,931 Mil.
S H Kelkar's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,299 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
S H Kelkar (NSE:SHK) has a EV-to-EBITDA of 9.38 as of Aug. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on S H Kelkar. This is 17% below median its historical median of 11.33. Over the past decade, S H Kelkar's EV-to-EBITDA has ranged from 4.67 to 31.20. According to the industry distribution chart, S H Kelkar ranks #527 out of 1332 companies in the Chemicals industry, placing it in the top 39.6%.
Is S H Kelkar's EV-to-EBITDA too high?
S H Kelkar's current EV-to-EBITDA of 9.38 is 17% below median its 10-year median of 11.33. Over the past 10 years, this metric has ranged from a low of 4.67 to a high of 31.20. The Chemicals industry median EV-to-EBITDA is 12.40. S H Kelkar's value of 9.38 is 24.3% below this industry median. Based on the distribution chart, S H Kelkar ranks #527 out of 1332 companies in the Chemicals industry, which is above the industry midpoint. Overall, S H Kelkar has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does S H Kelkar's EV-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, S H Kelkar ranks #527 out of 1332 companies for EV-to-EBITDA. This puts S H Kelkar in the upper half of its industry. The industry median EV-to-EBITDA is 12.40. S H Kelkar's value of 9.38 is 24.3% below this benchmark. Historically, S H Kelkar's own EV-to-EBITDA has ranged from 4.67 to 31.20 over the past decade. While the company's 10-year median is 11.33 vs. the industry median of 12.40, S H Kelkar has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 12.40, based on 1,332 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. S H Kelkar's current EV-to-EBITDA of 9.38 is 24.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on S H Kelkar. For the Chemicals industry, the median EV-to-EBITDA is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S H Kelkar's current EV-to-EBITDA is 9.38, which is 17% below median its own 10-year median of 11.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S H Kelkar stock overvalued right now?
Based on GuruFocus' analysis, S H Kelkar (NSE:SHK) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹244.72, compared to a current price of ₹153.73 — trading 37.2% below its estimated fair value. The current EV-to-EBITDA is 9.38, which is 17% below median its 10-year median of 11.33 and 24.3% below the Chemicals industry median of 12.40. S H Kelkar's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For S H Kelkar (NSE:SHK), the current EV-to-EBITDA is 9.38 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is S H Kelkar (NSE:SHK) Overvalued in 2026?
Based on GuruFocus' analysis, S H Kelkar stock appears to be undervalued.
The current stock price of ₹153.73 is trading 37.2% below its estimated GF Value™ of ₹244.72.
GuruFocus considers S H Kelkar to be Significantly Undervalued.
Key valuation signals for NSE:SHK:
EV-to-EBITDA: 9.38 (17% below median its 10-year median of 11.33)
GF Value™: ₹244.72 vs. price of ₹153.73 (37.2% below fair value)
Industry Position: 24.3% below the Chemicals median (#527 of 1332)
No single metric tells the full story. See the NSE:SHK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S H Kelkar & Co Ltd is an Indian manufacturer of personal care products. The company's operating segment includes Fragrances and Flavours. Fragrances segment manufactures and trade in Fragrances and aroma ingredients for Fragrances. It generates maximum revenue from the Fragrances segment. Geographically, it derives a majority of revenue from India. The company's fragrances portfolio includes personal care, hair care, skincare and cosmetics, fabric care, household products, and fine fragrances. Its flavours portfolio includes bakery, beverages, confectionery, dairy, savoury and others.
84GF Score
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