Is Easy Trip Plann. overvalued or undervalued?

As of 22 August 2025, the valuation grade for Easy Trip Planning has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 41.68, an EV to EBITDA ratio of 30.92, and a ROCE of 21.61%. In comparison to peers, IRCTC is considered very expensive with a PE of 44.49, while Thomas Cook (I) is also fairly valued with a PE of 31.69.
Despite the fair valuation, Easy Trip Planning has faced significant stock declines, with a year-to-date return of -43.54%, contrasting with a positive Sensex return of 4.05% during the same period. This underperformance highlights the potential for recovery, given its current valuation metrics compared to peers in the travel industry.