Is Ashiana Housing overvalued or undervalued?

As of 14 November 2025, the valuation grade for Ashiana Housing has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 39.57, an EV to EBITDA of 34.43, and a PEG ratio of 0.30, which suggests that while growth expectations may be low, the current price does not reflect a favorable investment opportunity.
In comparison to its peers, Ashiana Housing's PE ratio is lower than that of DLF, which stands at 42.94, and higher than Lodha Developers at 36.26. Notably, Ashiana's PEG ratio of 0.30 indicates potential undervaluation in terms of growth relative to its price, but the overall high valuation metrics suggest that it is not an attractive buy at this time. Recent performance shows that while the stock has outperformed the Sensex over the last three years, it has underperformed in the year-to-date and one-year periods.