Is Vama Industries overvalued or undervalued?

As of 17 November 2025, the valuation grade for Vama Industries has moved from attractive to risky. This indicates a significant deterioration in the company's financial health and market perception. Based on the current analysis, Vama Industries appears to be overvalued. The company has a PE ratio of -35.48, an EV to EBITDA ratio of 28.39, and a Price to Book Value of 1.67, which are concerning indicators of its financial performance.
In comparison to its peers, Vama Industries' valuation metrics stand out negatively. For instance, Elitecon International is categorized as very expensive with a PE ratio of 294.38, while PTC India, deemed very attractive, has a PE ratio of 7.56. Additionally, Vama's return performance has been poor, with a year-to-date decline of 41.96%, significantly underperforming the Sensex, which has returned 8.72% in the same period. These factors collectively suggest that Vama Industries is not only facing valuation challenges but is also struggling to deliver shareholder value in the current market environment.