Is Transgene Biotek overvalued or undervalued?

As of 25 April 2023, the valuation grade for Transgene Biotek has moved from does not qualify to risky. The company is currently assessed as overvalued. Key ratios include a PE ratio of -30.23, an EV to EBITDA of -39.71, and a Price to Book Value of 3.01. In comparison to peers, Max Healthcare has a PE ratio of 100.29, while Apollo Hospitals stands at 69.03, indicating that Transgene Biotek's valuation metrics are significantly weaker.
The company's recent performance has also been disappointing, with a year-to-date return of -42.61%, contrasting sharply with the Sensex's gain of 5.58% over the same period. This underperformance, coupled with negative returns over various time frames, reinforces the conclusion that Transgene Biotek is overvalued in the current market environment.