Is Vedant Asset overvalued or undervalued?

As of 13 November 2025, the valuation grade for Vedant Asset has moved from expensive to very expensive. The company is currently overvalued, as indicated by its high PE ratio of 50.59 and an EV to EBITDA ratio of 8.50, which significantly exceeds that of its peers. In comparison, Bajaj Finance has a PE ratio of 34.18 and an EV to EBITDA of 19.37, while Life Insurance shows a much more attractive PE ratio of 11.18 and EV to EBITDA of 9.22.
Additionally, Vedant Asset's return on equity (ROE) stands at a mere 3.90%, and the return on capital employed (ROCE) is negative at -2.66%, further highlighting its overvaluation in the current market context. The company's stock has underperformed significantly against the Sensex, with a year-to-date return of -54.02% compared to the Sensex's 8.11%, reinforcing the notion that Vedant Asset is not a favorable investment at this time.