Is Saj Hotels overvalued or undervalued?

As of 14 November 2025, the valuation grade for Saj Hotels has moved from fair to expensive. The company is currently considered overvalued based on its financial ratios and peer comparisons. Saj Hotels has a PE ratio of 27.07, an EV to EBIT of 19.15, and an EV to EBITDA of 13.46, which are significantly higher than the industry average, indicating a premium valuation. In comparison to its peers, Saj Hotels' PE ratio is lower than Indian Hotels Co (60.76) and ITC Hotels (62.36), both of which are categorized as very expensive. However, it is still positioned at a higher valuation than Chalet Hotels (33.37) and Mahindra Holiday (47.32), which are considered fair. The recent stock performance shows a 1-year return of 53.54%, significantly outperforming the Sensex at 10.10%, but this does not negate the overall overvaluation indicated by the current financial metrics.