Is Forcas Studio overvalued or undervalued?

As of 18 November 2025, the valuation grade for Forcas Studio has moved from attractive to very expensive. This indicates that the company is currently overvalued. Key ratios include a PE ratio of 27.40, an EV to EBITDA of 20.11, and a ROE of 12.43%.
In comparison to its peers, Forcas Studio's PE ratio is significantly lower than that of Page Industries at 57.65 and Jubilant Food at 123.74, both of which are categorized as very expensive and expensive, respectively. The company's performance has been strong recently, with a 1-year stock return of 36.9%, compared to a Sensex return of 10.47%, reinforcing the notion that the stock may be overvalued given its high valuation metrics.