Is Dhyaani Trade overvalued or undervalued?

As of 16 October 2025, the valuation grade for Dhyaani Trade has moved from fair to attractive, indicating a shift in perception regarding its investment potential. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE ratio of 131.36, an EV to EBITDA of 18.36, and a Price to Book Value of 0.38, which suggest that the stock is trading at a significant discount relative to its earnings and assets. In comparison with peers, Dhyaani Trade's PE ratio is notably higher than that of Kajaria Ceramics, which stands at 58.4, and much higher than L T Foods at 23.1, indicating that while Dhyaani Trade is perceived as attractive, it may still be overvalued compared to these peers. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -54.14% compared to the Sensex's 6.82%, reinforcing the notion that the market may be undervaluing its potential.