Is Katare Spinning overvalued or undervalued?

As of 25 April 2023, the valuation grade for Katare Spinning has moved from does not qualify to risky. The company is currently assessed as overvalued. Key ratios include a PE Ratio of -28.49, an EV to EBITDA of -52.81, and a Price to Book Value of 0.42, all indicating significant financial distress.
In comparison to its peers, Katare Spinning's valuation metrics are starkly unfavorable. For instance, K P R Mill Ltd is categorized as very expensive with a PE Ratio of 47.51, while Trident, deemed fair, has a PE of 42.6. The negative returns of Katare Spinning, particularly a year-to-date decline of -18.25%, contrast sharply with the Sensex's positive return of 5.61%, reinforcing the perception of overvaluation in the current market context.