Is Suryoday Small overvalued or undervalued?

As of 4 August 2025, the valuation grade for Suryoday Small has moved from fair to expensive, indicating a shift in its market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 16.77, a Price to Book Value of 0.69, and a ROE of 4.11%.
In comparison to its peers, Suryoday Small's PE ratio is notably lower than HDFC Bank's 22.05 and ICICI Bank's 21.33, both of which are also classified as expensive. Additionally, the company's net NPA to Book Value stands at a concerning 30.42%, which may further justify its expensive valuation. Over the past year, Suryoday Small has underperformed significantly with a stock return of -36.73% compared to a mere 0.05% return for the Sensex, reinforcing the notion that the stock may be overvalued in its current state.