Is Swaraj Suiting overvalued or undervalued?

As of 15 October 2025, the valuation grade for Swaraj Suiting has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently overvalued. Key ratios reflect this, with a PE Ratio of 12.25, an EV to EBITDA of 9.00, and a Price to Book Value of 2.67.
In comparison to its peers, Swaraj Suiting's valuation is notably higher than Trident, which is rated fair with a PE of 32.51, and Vardhman Textile, rated attractive with a PE of 13.72. Despite a strong ROE of 21.84% and a PEG Ratio of 0.45, the overall valuation metrics suggest that the stock is not justified at its current price of 185.35, especially given its recent performance, which shows a year-to-date decline of 17.29% compared to a 7.10% gain in the Sensex.