Is Alpine Housing overvalued or undervalued?

As of 12 August 2025, the valuation grade for Alpine Housing has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE Ratio of 46.70, an EV to EBITDA of 26.89, and a Price to Book Value of 3.02, all of which suggest that the stock is trading at a premium compared to its earnings and assets.
In comparison to its peers, Alpine Housing's PE Ratio is notably higher than that of DLF at 39.1 and Lodha Developers at 41. This elevated valuation is further underscored by its PEG Ratio of 0.91, which, while below 1, does not compensate for the high PE. Additionally, despite a strong performance in the past few years, with a 3-year return of 106.04% compared to the Sensex's 34.93%, the current valuation metrics suggest that investors may be paying too much for future growth potential.