Is Shree Tirupati overvalued or undervalued?

As of 23 May 2025, the valuation grade for Shree Tirupati Balajee FIBC Ltd. has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 35.33, an EV to EBITDA ratio of 23.49, and a PEG ratio of 19.17, all of which are elevated compared to industry norms.
In comparison to its peer, Shree Tirupati Balajee FIBC Ltd. has a similar PE ratio of 35.33, but the overall valuation remains very expensive. The company's recent stock performance has been underwhelming, with a year-to-date return of -42.73%, contrasting sharply with the Sensex's gain of 6.25% over the same period. This further reinforces the notion that the stock is not only overvalued but also struggling in the current market environment.