Is Baweja Studios L overvalued or undervalued?

As of 1 October 2025, Baweja Studios L has moved from a fair to an attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 11.22, an EV to EBITDA of 8.51, and a Price to Book Value of 0.89. These ratios indicate that the company is trading at a discount compared to its peers, particularly when compared to Prime Focus, which has a significantly higher PE ratio of 29.48, and Panorama Studios, also at 29.31.
In the context of the media and entertainment industry, Baweja Studios L's valuation metrics suggest it is positioned favorably relative to its peers, especially given that PVR Inox is also rated attractive but is loss-making. The company's recent stock performance has been underwhelming, with a year-to-date return of -23.29%, contrasting with a Sensex return of 5.04%, reinforcing the notion that Baweja Studios L is currently undervalued.