Is Arkade overvalued or undervalued?

As of 29 October 2025, Arkade's valuation grade 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 include a PE Ratio of 20.24, an EV to EBITDA of 14.66, and a Price to Book Value of 0.34, which suggest that despite a low book value, the earnings multiple is relatively high compared to its peers.
In comparison to its industry, Arkade's PE Ratio is notably lower than that of DLF at 40.3 and Lodha Developers at 39.88, both categorized as very expensive. However, the EV to EBITDA ratio of 14.66 places Arkade in a competitive position, albeit still within the overvalued spectrum. While Arkade has outperformed the Sensex over the past year with a return of 26.67% versus the Sensex's 5.76%, the overall valuation metrics indicate that investors may be paying a premium for future growth that may not materialize.