Is Alpine Housing overvalued or undervalued?

As of 30 June 2025, the valuation grade for Alpine Housing has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently assessed as overvalued. Key ratios highlight this valuation concern, with a PE ratio of 47.32, an EV to EBITDA ratio of 27.23, and a Price to Book Value of 3.06, all suggesting high valuations relative to earnings and book value.
In comparison to its peers, Alpine Housing's PE ratio is higher than DLF's 44.4 and Macrotech Development's 49.94, both of which are also categorized as very expensive. Notably, while Alpine's PEG ratio stands at 0.92, indicating potential growth, it remains elevated compared to the industry. Additionally, Alpine Housing has outperformed the Sensex in various timeframes, including a 27.27% year-to-date return versus the Sensex's 7.00%, which may reflect investor sentiment but does not mitigate the overvaluation concerns.