Is Vedant Asset overvalued or undervalued?

As of 6 October 2025, Vedant Asset's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 11.87, an EV to EBITDA of 9.25, and a ROE of 3.90%.
In comparison to its peers, Vedant Asset's PE ratio is significantly lower than Bajaj Finance's 36.03 and Bajaj Finserv's 34.14, both categorized as very expensive. However, it is slightly higher than Life Insurance's 11.78, which is considered very attractive. Notably, Vedant Asset has experienced a substantial decline in stock performance year-to-date, down 50.95%, while the Sensex has increased by 4.67%, further reinforcing the notion of overvaluation.