Is Vedant Asset overvalued or undervalued?

As of 3 September 2025, the valuation grade for Vedant Asset has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 10.77, an EV to EBITDA of 7.17, and a ROE of 4.05%.
When compared to peers, Vedant Asset's PE ratio is significantly lower than that of Bajaj Finance, which stands at 32.03, and slightly better than Life Insurance, which has a PE of 11.31. The company's recent stock performance has been notably poor, with a year-to-date return of -55.5% compared to a positive return of 3.11% for the Sensex, reinforcing the perception of overvaluation.