Is Shraddha Prime overvalued or undervalued?

As of 17 October 2025, the valuation grade for Shraddha Prime has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 23.97, an EV to EBITDA ratio of 23.58, and a Price to Book Value of 9.74. These ratios suggest that the stock is trading at a premium compared to its earnings and asset value.
In comparison to its peers, Shraddha Prime's valuation stands out as particularly high. For instance, Rail Vikas has a PE ratio of 58.02, while Ircon International, considered attractive, has a PE ratio of 23.8. Additionally, the PEG ratio for Shraddha Prime is notably low at 0.09, which may indicate that while growth expectations are high, the current price does not reflect a proportional value. Recent stock performance has significantly outpaced the Sensex, with a year-to-date return of 70.52% compared to the Sensex's 7.44%, further reinforcing the notion of overvaluation.