Is Sayaji Hot. Pune overvalued or undervalued?

As of 5 September 2025, Sayaji Hotels Pune has moved from a fair valuation to an expensive one. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 13.30, an EV to EBITDA of 9.02, and a ROCE of 28.38%.
In comparison to its peers, Sayaji Hotels has a lower PE ratio than Indian Hotels Co, which stands at 64.81, and ITC Hotels, which has a PE of 72.83. Despite its strong ROCE and ROE of 20.70%, the valuation metrics suggest that the stock is not justified at its current price of 780.05, especially considering its recent performance, which has lagged behind the Sensex with a year-to-date return of -1.88% compared to the Sensex's 3.29%.