Is Shree Tirupati overvalued or undervalued?

As of 28 August 2025, the valuation grade for Shree Tirupati has moved from fair to very expensive, indicating a significant shift in its market perception. The company is currently deemed overvalued, with a PE ratio of 33.59, an EV to EBITDA of 22.48, and a PEG ratio of 18.23. These metrics suggest that the stock is priced at a premium compared to its earnings growth potential.
In comparison with peers, Shree Tirupati's valuation appears steep, particularly when juxtaposed with Finolex Industries, which has a PE ratio of 32.56 and is categorized as expensive, and Time Technoplast, which is rated fair with a PE of 25.89. The recent performance of Shree Tirupati has also been underwhelming, with a year-to-date return of -45.54%, contrasting sharply with the Sensex's positive return of 3.62% over the same period. This further reinforces the notion that the stock is currently overvalued.