Is Apollo Sindoori overvalued or undervalued?

As of 12 September 2025, Apollo Sindoori's valuation grade has moved from attractive to fair, indicating a shift in its market perception. The company is currently fairly valued based on its financial ratios, with a PE ratio of 35.90, an EV to EBITDA of 18.70, and a PEG ratio of 2.15. Compared to peers, Indian Hotels Co is significantly more expensive with a PE of 64.95, while Mahindra Holiday is also fairly valued with a PE of 55.74. In conclusion, Apollo Sindoori appears to be fairly valued at this time. Despite its recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -17.31% versus the Sensex's 6.21%, the company's ratios suggest it is not undervalued or overvalued relative to its peers in the Hotels & Resorts industry.