Is Voltaire Leasing overvalued or undervalued?

As of 30 May 2025, the valuation grade for Voltaire Leasing has moved from expensive to risky, indicating a significant shift in its market perception. The company appears to be overvalued based on its negative PE ratio of -5.90 and EV to EBIT of -5.84, which suggest that the market is pricing in substantial risks. Additionally, the Price to Book Value stands at a low 0.33, further reinforcing concerns about its valuation.
In comparison to its peers, Voltaire Leasing's ratios are starkly unfavorable. For instance, MMTC has a PE ratio of 119.39, while PTC India, rated as very attractive, boasts a PE of 9.02. This stark contrast highlights the challenges Voltaire Leasing faces in the current market environment. Despite a recent uptick in stock performance relative to the Sensex over the past month, with a return of 12.56% compared to the Sensex's 3.86%, the overall valuation remains precarious, suggesting that investors should approach with caution.