Is Travels & Rent. overvalued or undervalued?

As of 18 July 2025, the valuation grade for Travels & Rent. has moved from expensive to very expensive. This indicates that the company is currently overvalued. Key ratios include a PE ratio of 17.70, an EV to EBITDA of 8.06, and a ROE of 21.79%. When compared to peers, Travels & Rent. stands out with a significantly lower PE ratio than I R C T C, which has a PE of 47.89, and TBO Tek, with a PE of 70.03, both categorized as very expensive.
The company's recent performance has been poor, with a year-to-date return of -46.68%, contrasting sharply with the Sensex's gain of 4.63% during the same period. Given the high valuation metrics and the poor stock performance relative to the market, it reinforces the conclusion that Travels & Rent. is overvalued in its current state.