Is Vashu Bhagnani overvalued or undervalued?

As of 6 November 2023, the valuation grade for Vashu Bhagnani has moved from expensive to very expensive. The company is currently considered overvalued. Key ratios indicate significant valuation concerns, with a PE ratio of 84.37, an EV to EBITDA ratio of 93.43, and a ROCE of only 3.88%.
In comparison to its peers, Vashu Bhagnani's valuation stands out unfavorably; for instance, Sun TV Network has a PE ratio of 13.91, while Zee Entertainment boasts a PE of 15.91, both indicating a much more attractive valuation. The company's recent stock performance has been disappointing, with a year-to-date decline of 23.69%, contrasting sharply with the Sensex's gain of 5.60% over the same period, further reinforcing the perception of overvaluation.