Is Aeries Technology, Inc. overvalued or undervalued?

As of 12 May 2025, Aeries Technology, Inc. has moved from a fair to a risky valuation grade, indicating a significant deterioration in its market position. The company appears to be overvalued, particularly given its P/E ratio of -2.45 and EV to EBITDA of -3.42, which are starkly negative compared to industry standards. The lack of a PEG ratio further complicates the valuation picture, suggesting that growth expectations are not being met.
In comparison to its peers, Aeries Technology, Inc. is underperforming, as indicated by its negative P/E and EV to EBITDA ratios. Notably, the stock has seen a dramatic decline over the past year, with a return of -57.92%, while the S&P 500 returned 17.14% in the same period, highlighting a stark contrast in performance. This underperformance reinforces the notion that the stock is overvalued relative to its current financial metrics and market conditions.