Is Swati Projects overvalued or undervalued?

As of 17 October 2025, the valuation grade for Swati Projects has moved from risky to expensive, indicating a shift in perception regarding its market valuation. Based on the analysis, the company appears to be overvalued. Key ratios reveal a PE Ratio of -100.83, an EV to EBITDA of -31.33, and a Price to Book Value of 2.49, which are significantly out of line with industry norms.
In comparison to its peers, Swati Projects' valuation metrics are concerning. For instance, Bajaj Finance has a PE Ratio of 38.21 and an EV to EBITDA of 20.25, while Life Insurance boasts a PE of 11.49 and an EV to EBITDA of 8.94, both reflecting much healthier valuations. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -51.14%, contrasting sharply with the Sensex's gain of 7.44% over the same period, further reinforcing the notion that Swati Projects is overvalued in the current market context.