Is Eighty Jewellers overvalued or undervalued?

As of 1 October 2025, the valuation grade for Eighty Jewellers has moved from very expensive to expensive. Based on the current analysis, the company appears to be overvalued. Key ratios include a PE Ratio of 17.37, an EV to EBITDA of 13.08, and a PEG Ratio of 0.61, which suggests that while the company is generating earnings, its valuation relative to growth is not compelling.
In comparison with peers, Eighty Jewellers' PE Ratio is significantly lower than that of Titan Company, which stands at 81.35, indicating a stark valuation disparity. Kalyan Jewellers, also classified as expensive, has a PE Ratio of 59.95, further highlighting the relative overvaluation of Eighty Jewellers. Additionally, the company's stock has underperformed against the Sensex, with a year-to-date return of -33.97% compared to the Sensex's positive return of 3.64%, reinforcing the notion that the stock may be overvalued in the current market context.