Is Olympic Oil Ind. overvalued or undervalued?

As of 25 April 2023, the valuation grade for Olympic Oil Ind. has moved from does not qualify to risky, indicating a significant deterioration in its financial standing. The company is currently assessed as overvalued, particularly highlighted by its negative PE ratio of -12.56 and a negative Price to Book Value of -0.56. Additionally, the EV to EBIT and EV to EBITDA ratios are both at -50.72, further emphasizing the company's financial challenges.
In comparison to its peers, Olympic Oil Ind. stands out unfavorably, with MMTC showing a PE ratio of 119.39 and an EV to EBITDA of -70.04, while Optiemus Infra presents a more stable valuation with a PE of 82.35 and an EV to EBITDA of 48.56. Notably, Olympic Oil's recent stock performance has been lackluster, with a 1Y return of -26.65% compared to the Sensex's 7.60%, reinforcing the notion that the stock is overvalued in the current market context.