Is Devyani Intl. overvalued or undervalued?

As of 17 September 2025, the valuation grade for Devyani International has moved from fair to attractive, indicating a more favorable assessment of the company's worth. The company appears to be undervalued, particularly when considering its current price of 178.90 compared to its peers. Key ratios include a PE Ratio of -1769.65, an EV to EBITDA of 31.24, and a Price to Book Value of 20.12, which highlight significant discrepancies in valuation metrics.
In comparison with peers, Devyani International's EV to EBITDA ratio of 31.24 is more favorable than Page Industries, which stands at 45.11, while Jubilant Food's PE Ratio is 159.02, suggesting that Devyani may offer better value in the current market. Despite recent stock performance trailing the Sensex, particularly over the 3-year period with a return of -6.97% compared to the Sensex's 40.54%, the attractive valuation grade suggests potential for recovery and growth in the future.