Is Shashwat Furnis. overvalued or undervalued?

As of 1 October 2025, the valuation grade for Shashwat Furnis. has moved from risky to expensive. The company is currently considered overvalued based on its financial ratios and peer comparisons. Key ratios include a PE Ratio of 17.88, an EV to EBIT of 19.13, and a Price to Book Value of 4.81, which suggest that the company's valuation is not justified by its earnings and asset base.
In comparison to its peers, Shashwat Furnis. has a significantly lower PE ratio than Altius Telecom, which stands at 52.52, indicating that Shashwat is not attracting the same level of investor confidence despite its recent stock performance. Additionally, the EV to EBITDA ratio of 19.13 is also less favorable compared to peers like Embassy Off.REIT at 22.13 and Mindspace Business at 18.54, both of which are categorized as very expensive. Notably, Shashwat Furnis. has outperformed the Sensex with a year-to-date return of 82.15%, further complicating its valuation narrative.