Is Sayaji (Indore) overvalued or undervalued?

As of 12 November 2025, the valuation grade for Sayaji (Indore) has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 23.98, an EV to EBIT of 16.37, and a PEG ratio of 0.51, which suggests that while the company has growth potential, its current price does not reflect a favorable valuation compared to its earnings growth.
In comparison to its peers, Sayaji's PE ratio of 23.98 is significantly lower than Indian Hotels Co, which has a PE of 59.68, and ITC Hotels at 62.1, both categorized as very expensive. This indicates that while Sayaji may be overvalued, it is relatively more attractive than some of its peers. Additionally, the company's recent stock performance has lagged behind the Sensex, with a 1-month return of -7.63% compared to the Sensex's 2.38%, reinforcing the notion that the stock is not currently a strong investment.