Is Bhakti Gems overvalued or undervalued?

As of 8 July 2025, Bhakti Gems has moved from a fair to an attractive valuation grade, indicating a positive shift in its perceived value. The company is currently considered undervalued, with a PE ratio of 24.05, an EV to EBITDA ratio of 17.49, and a Price to Book Value of 1.02. These ratios suggest that the company is positioned favorably compared to its peers, particularly when considering Titan Company, which has a significantly higher PE ratio of 91.53, and Kalyan Jewellers, which is classified as expensive with a PE of 82.88.
In the context of its performance, Bhakti Gems has shown a strong return over the past month at 36.67%, compared to the Sensex's 1.85%, reinforcing the notion that the stock is gaining traction. Given the attractive valuation and the favorable ratios, Bhakti Gems appears to be a compelling investment opportunity within the gems and jewellery sector.