Is Relic Tech. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Relic Tech. has moved from risky to very expensive, indicating a significant shift in its perceived market value. The company is currently overvalued, as evidenced by its negative PE ratio of -14.30 and an EV to EBITDA ratio of -13.61, which suggest that the company is not generating profits relative to its valuation. Additionally, the ROCE stands at a concerning -29.61%, further highlighting the inefficiency in capital utilization.
When compared to its peers, Relic Tech. shows stark contrasts; for instance, Bajaj Finance has a PE ratio of 38.21 and an EV to EBITDA of 20.25, while Life Insurance boasts a more attractive EV to EBITDA of 8.94. These comparisons underline the overvaluation of Relic Tech. in the context of its industry. Despite its impressive year-to-date stock return of 230.22%, which outperforms the Sensex's 7.44%, the underlying financial metrics suggest that the current stock price of 76.38 is not justified by its earnings performance.