Is Disha Resources overvalued or undervalued?

As of 19 September 2025, the valuation grade for Disha Resources has moved from very expensive to risky. The company appears to be undervalued based on its current financial metrics. Key ratios include a PE ratio of -14.76, an EV to EBITDA of -15.24, and a Price to Book Value of 0.39, indicating significant negative earnings and a low valuation relative to its book value.
In comparison to its peers, Disha Resources' valuation stands out as notably lower. For instance, Bajaj Finance has a PE ratio of 35.51, while Life Insurance shows a PE of 11.64, both indicating a premium valuation compared to Disha's negative PE. Additionally, the company's recent stock performance has outpaced the Sensex over the past week and month, with returns of 4.08% and 13.95%, respectively, suggesting a potential recovery phase despite a challenging year-to-date performance of -16.65%.