Is Sayaji (Indore) overvalued or undervalued?

As of 6 October 2025, the valuation grade for Sayaji (Indore) has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 26.66, an EV to EBITDA of 13.24, and a PEG ratio of 0.56, which suggests that while the company has growth potential, its current price may not justify its earnings relative to its growth rate.
In comparison to its peers, Sayaji (Indore) has a lower PE ratio than Indian Hotels Co, which stands at 60.42, and ITC Hotels, which has a PE of 64.25, both categorized as very expensive. Despite this, Sayaji's valuation remains high relative to its performance metrics, particularly when considering the recent stock performance, which has underperformed against the Sensex over the past month and year. This reinforces the assessment that Sayaji (Indore) is overvalued in the current market context.