Is Devyani Intl. overvalued or undervalued?

As of 18 July 2025, the valuation grade for Devyani International has moved from attractive to fair. The company is currently fairly valued based on its financial metrics, which include a PE ratio of 1570.23, an EV to EBITDA ratio of 30.47, and a ROCE of 5.88%. In comparison to its peers, Devyani's valuation appears reasonable; for instance, Page Industries is considered very expensive with a PE of 71.13, while Jubilant Food, also rated fair, has a PE of 199.58.
Despite the recent changes in valuation, Devyani's stock performance has shown resilience, with a 1-week return of 3.8% compared to a -0.90% return for the Sensex. This suggests that while the company may not be undervalued, it is maintaining its position in a challenging market environment. Overall, Devyani International is fairly valued relative to its peers and current market conditions.