Is Swiss Military overvalued or undervalued?

As of 27 October 2025, the valuation grade for Swiss Military has moved from very expensive to expensive. The company is currently considered overvalued based on its financial ratios. The PE ratio stands at 55.18, while the EV to EBITDA ratio is 42.63, and the PEG ratio is 41.40, all indicating high valuations relative to earnings growth.
In comparison to its peers, Swiss Military's PE ratio is lower than Page Industries at 59.93 but significantly higher than Jubilant Food, which has a PE of 150.65. Additionally, while Saregama India is also categorized as expensive with a PE of 43.62, Swiss Military's valuation remains elevated. The company's recent stock performance has been poor, with a year-to-date return of -36.87%, contrasting sharply with the Sensex's positive return of 8.50% during the same period, further supporting the view that it is overvalued.