Is Devyani Intl. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Devyani International has moved from expensive to attractive, indicating a shift in perception towards its value. The company is currently considered undervalued. Key ratios include a PE ratio of -590.43, an EV to EBITDA of 30.69, and a Price to Book Value of 1.17.
In comparison to its peers, Devyani International's PE ratio is significantly lower than that of Page Industries, which stands at 57.9, and Jubilant Food, with a PE of 145.91. Despite the negative stock performance relative to the Sensex, where Devyani's stock has declined by 18.52% year-to-date compared to a 6.50% increase in the Sensex, the current valuation suggests that the stock may present a buying opportunity given its attractive grade.