Is Vedant Asset overvalued or undervalued?

As of 29 August 2025, Vedant Asset's valuation grade has moved from very expensive to fair, indicating a significant adjustment in its market perception. The company is currently fairly valued. Key ratios include a PE ratio of 10.91, an EV to EBITDA of 7.31, and a ROE of 4.05%.
In comparison to peers, Vedant Asset's valuation stands out against Bajaj Finance, which is very expensive with a PE ratio of 31.3, and Life Insurance, which is very attractive with a PE of 11.08. The recent performance of Vedant Asset has been underwhelming, with a year-to-date return of -54.93%, contrasting sharply with the Sensex's positive return of 2.14% during the same period, further reinforcing the notion that the stock is currently fairly valued amidst a challenging market environment.