Is Devyani Intl. overvalued or undervalued?

As of 16 September 2025, the valuation grade for Devyani International has moved from attractive to fair. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE ratio of -1794.90, an EV to EBITDA of 31.64, and a Price to Book Value of 20.41.
In comparison to its peers, Devyani International's valuation is notably less favorable; for instance, Jubilant Food has a PE ratio of 160.07 and an EV to EBITDA of 28.23, while Sapphire Foods boasts a PE ratio of 433.33 and an EV to EBITDA of 24.86. Furthermore, the company's recent stock performance has lagged behind the Sensex, particularly over the 3-year period, where it has declined by 5.07% compared to the Sensex's gain of 40.01%.