Is Vivaa Tradecom overvalued or undervalued?

As of 16 September 2025, the valuation grade for Vivaa Tradecom has moved from attractive to fair. The company is currently fairly valued based on its financial metrics. The PE ratio stands at 17.72, while the EV to EBITDA ratio is 18.24, and the ROE is at 3.49%.
When compared to peers, Vivaa Tradecom's valuation appears reasonable; for instance, PTC India, which is rated very attractive, has a much lower PE ratio of 8.37, while Elitecon International is considered very expensive with a PE ratio of 407.31. Additionally, the company's recent stock performance shows a year-to-date return of 11.52%, outperforming the Sensex's 5.43% during the same period, which may suggest a positive sentiment despite the overall fair valuation.