Is FlySBS Aviation overvalued or undervalued?

As of 12 November 2025, FlySBS Aviation's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key ratios include a PE Ratio of 34.92, an EV to EBITDA of 24.04, and a ROCE of 33.43%.
In comparison to its peers, FlySBS Aviation's PE Ratio is lower than that of I R C T C, which stands at 43.92, and TBO Tek, which has a PE Ratio of 79.02, both categorized as very expensive. Conversely, Thomas Cook (I) is more attractive with a PE of 28.29. The recent stock performance shows a notable return of 7.67% over the past week, significantly outperforming the Sensex's return of 1.09% in the same period, which may reinforce the company's fair valuation status.