Is Supreme Engg. overvalued or undervalued?

As of 25 April 2023, the valuation grade for Supreme Engineering Ltd. has moved from does not qualify to risky. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of -19.87, an EV to EBITDA of -154.30, and a ROCE of -12.92%.
When compared to peers, Supreme Engineering's valuation appears concerning, particularly against its negative PE and EV to EBITDA ratios, indicating significant challenges in profitability and valuation. Notably, the company has underperformed in the year-to-date period with a return of -17.16%, contrasting sharply with the Sensex's 6.23% gain, further reinforcing the notion of overvaluation in the current market context.