Is Variman Global overvalued or undervalued?

As of 17 October 2025, the valuation grade for Variman Global has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently assessed as overvalued, with a PE Ratio of 91.54, an EV to EBITDA of 152.29, and a Price to Book Value of 4.66. These ratios highlight the company's high valuation relative to its earnings and book value, suggesting that investors are paying a premium for its stock.
In comparison to its peers, Variman Global's valuation metrics are notably higher; for instance, Bajaj Finance has a PE Ratio of 38.21 and an EV to EBITDA of 20.25, while Life Insurance boasts a PE Ratio of 11.49 and an EV to EBITDA of 8.94. This stark contrast reinforces the notion that Variman Global is overvalued in its industry. Additionally, the company's recent stock performance has been underwhelming, with a year-to-date return of -10.23%, significantly lagging behind the Sensex's gain of 7.44% in the same period.