Is Swati Projects overvalued or undervalued?

As of 17 November 2025, the valuation grade for Swati Projects has moved from risky to expensive. The company is currently assessed as overvalued. Key ratios include a PE Ratio of 11.56, an EV to EBIT of 6.86, and a ROE of 4.28%.
In comparison to peers, Bajaj Finance is categorized as very expensive with a PE of 34.85, while Life Insurance is considered very attractive with a PE of 11.33. This suggests that Swati Projects, despite its relatively low PE ratio, is still priced higher than its fair value when compared to more attractive peers. Notably, the stock has significantly outperformed the Sensex in the short term, with a 1-week return of 27.52% compared to the Sensex's 1.69%, but it has underperformed over the longer term.