Is Rama Vision overvalued or undervalued?

As of 10 November 2025, the valuation grade for Rama Vision has moved from fair to expensive. The company is currently considered overvalued based on its financial ratios. The PE ratio stands at 41.57, while the EV to EBITDA ratio is 18.42, and the Price to Book Value is 3.66, indicating a premium valuation compared to its earnings and book value.
In comparison to its peers, Rama Vision's PE ratio is significantly higher than that of PTC India, which has a PE of 7.89 and is classified as very attractive. Additionally, Elitecon International is categorized as very expensive with a PE of 359.8, highlighting the extreme valuations in the sector. Despite a strong historical performance over the long term, recent stock returns have lagged behind the Sensex, with a year-to-date decline of 15.20% compared to a 6.91% gain in the index.