Is Bansisons Tea overvalued or undervalued?

As of 2 July 2024, Bansisons Tea has moved from a grade of "does not qualify" to "risky." The company is currently assessed as overvalued. Key ratios indicate significant concerns, with a PE ratio of -3.54, an EV to EBIT of -3.56, and a ROCE of -1.87%.
In comparison to its peers, Bansisons Tea's valuation stands out negatively against Tata Consumer, which has a PE ratio of 85.98, and CCL Products, which boasts a PE ratio of 37.63. The company's performance has been lackluster, with a year-to-date return of -0.18%, contrasting sharply with the Sensex's 5.62% increase. This further reinforces the notion that Bansisons Tea is not only struggling but also overvalued in its current market position.