Is Step Two Corp. overvalued or undervalued?

As of 17 October 2025, Step Two Corp. has moved from a valuation grade of risky to very expensive, indicating a significant deterioration in its valuation outlook. The company is currently assessed as overvalued. Key ratios highlight this concern, with a PE ratio of -19.03, an EV to EBITDA of -7.88, and a Price to Book Value of 4.60, all of which suggest that the company's financial performance is not aligned with its market price.
In comparison to peers, Step Two Corp. stands out unfavorably against Bajaj Finance, which has a PE ratio of 38.21, and Life Insurance, with a PE ratio of 11.49. This stark contrast in valuation metrics underscores the overvaluation of Step Two Corp. Additionally, while the company has shown a strong return over the long term, its recent performance has lagged behind the Sensex, particularly with a 1-week return of -5.28% compared to the Sensex's 1.76%. This further reinforces the conclusion that Step Two Corp. is overvalued in the current market environment.