Is Vivaa Tradecom overvalued or undervalued?

As of 11 August 2025, Vivaa Tradecom's valuation grade has moved from attractive to fair. The company is currently fairly valued, with a PE ratio of 19.21, an EV to EBIT of 21.09, and a Price to Book Value of 0.88. In comparison to peers, PTC India is very attractive with a PE ratio of 8.43, while Optiemus Infra is also rated fair with a PE of 78.57, indicating that Vivaa Tradecom's valuation is more reasonable relative to these peers.
Despite the fair valuation, Vivaa Tradecom has shown strong performance, with a year-to-date return of 20.92%, significantly outperforming the Sensex's 3.15% during the same period. This performance suggests that while the stock is fairly valued, it may still hold potential for future growth within the garments and apparel industry.