Is Devyani Intl. overvalued or undervalued?

As of 22 September 2025, the valuation grade for Devyani International has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially when taking into account its headline ratios such as a PE ratio of -1739.46, an EV to EBITDA of 30.77, and a Price to Book Value of 19.78.
In comparison to its peers, Devyani International's valuation metrics stand out, particularly against Page Industries, which has a PE ratio of 63.3, and Jubilant Food, with a PE ratio of 157.72. Despite the negative stock performance over the past year, where it has declined by 16.35% compared to a 2.82% drop in the Sensex, the attractive valuation suggests potential for recovery and growth in the future.