Is Bodhi Tree overvalued or undervalued?

As of 27 June 2025, Bodhi Tree's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, with a PE ratio of 28.81, an EV to EBITDA of 17.97, and a ROCE of 16.11%. In comparison to its peers, Bodhi Tree's PE ratio is significantly higher than Sun TV Network's 13.51, which is rated fair, but lower than the attractive Zee Entertainment's 18.12.
Despite the attractive valuation, Bodhi Tree has faced challenges in stock performance, with a year-to-date return of -20.11%, contrasting sharply with the Sensex's 7.58% gain during the same period. This divergence suggests that while the company's fundamentals may support a higher valuation, market sentiment has not yet aligned with these metrics.