Is Vedant Asset overvalued or undervalued?

As of 14 November 2025, Vedant Asset's valuation grade has moved from very expensive to expensive, indicating a slight improvement in perceived value but still reflecting high valuation concerns. The company is currently deemed overvalued based on its financial metrics. Key ratios include a PE Ratio of 50.59, an EV to EBITDA of 8.50, and a ROE of 3.90%.
In comparison to its peers, Vedant Asset's PE Ratio significantly exceeds that of Bajaj Finance at 34.62 and Life Insurance at 11.25, which are both in the capital markets sector. Additionally, Vedant's EV to EBITDA ratio is higher than that of Bajaj Finserv at 13.27, further emphasizing its expensive valuation. The company's poor performance is also reflected in its stock returns, which have underperformed the Sensex across various time frames, including a staggering -75.11% over the past year.