Is Bluegod Enterta. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Bluegod Entertainment has moved from does not qualify to very expensive. The company is currently overvalued based on its high valuation ratios, including a PE ratio of 97.68, an EV to EBITDA ratio of 187.32, and a Price to Book Value of 4.28. These figures significantly exceed those of its peers, such as Garware Hi Tech, which has a PE ratio of 27.89 and an EV to EBITDA of 19.41, and AGI Greenpac, with a PE ratio of 14.45 and an EV to EBITDA of 9.00.
Despite impressive stock performance with a year-to-date return of 277.63% compared to the Sensex's 8.22%, the current valuation metrics indicate that Bluegod Entertainment is not justified at its price level. The company's ROCE stands at a mere 1.93%, further supporting the conclusion that it is overvalued in the current market context.