Is Disha Resources overvalued or undervalued?

As of 17 October 2025, the valuation grade for Disha Resources has moved from risky to very expensive. The company appears to be overvalued based on its current financial ratios, including a PE ratio of -23.74, an EV to EBITDA of -14.02, and a Price to Book Value of 0.35. These figures indicate significant financial distress, particularly with negative earnings reflected in the PE ratio and EV metrics.
In comparison to its peers, Disha Resources stands out unfavorably; for instance, Bajaj Finance has a PE ratio of 38.21 and an EV to EBITDA of 20.25, while Life Insurance boasts a PE of 11.49 and an EV to EBITDA of 8.94, both of which suggest a healthier valuation. The company's recent performance also reinforces this valuation story, as it has underperformed the Sensex with a year-to-date return of -23.55% compared to the Sensex's 7.44%. Overall, Disha Resources is deemed overvalued in its current state.