Is Diligent Indust. overvalued or undervalued?

As of 1 October 2025, the valuation grade for Diligent Industries has moved from very attractive to attractive. The company is currently considered overvalued. Key ratios include a PE ratio of 27.57, an EV to EBITDA of 13.78, and a Price to Book Value of 1.15. In comparison, Altius Telecom, which is rated very attractive, has a significantly higher PE ratio of 52.52, while Embassy Office REIT, rated very expensive, has a PE ratio of 25.09.
Despite the recent stock performance showing a decline of 30.05% over the past year compared to a modest drop of 3.90% in the Sensex, the valuation metrics suggest that Diligent Industries is not positioned favorably relative to its peers. The combination of its high PE ratio and lower return on equity of 4.17% indicates that the stock may not justify its current price level.