Is Bluegod Enterta. overvalued or undervalued?

As of 13 November 2025, the valuation grade for Bluegod Enterta. has moved from risky to does not qualify, indicating a significant downgrade in its investment appeal. The company is currently overvalued, as reflected by its high PE ratio of 96.20, an EV to EBITDA ratio of 184.57, and a Price to Book Value of 4.22. In comparison to its peers, Garware Hi Tech has a PE ratio of 25.61 and AGI Greenpac has a much lower PE of 14.5, both suggesting that Bluegod Enterta. is trading at a premium relative to its industry counterparts.
The company's financial performance metrics also raise concerns, with a ROCE of only 1.93% and a ROE of 4.38%, which are considerably lower than those of its peers. Despite a remarkable year-to-date stock return of 271.91%, which far outpaces the Sensex return of 8.11%, the current valuation does not justify the elevated price levels, reinforcing the conclusion that Bluegod Enterta. is overvalued in the market.