Is Future Market overvalued or undervalued?

As of 20 November 2023, the valuation grade for Future Market has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 8.89, a price to book value of 0.89, and an EV to EBITDA ratio of 6.53. These metrics suggest that Future Market is trading at a discount compared to its earnings and book value.
In comparison to its peers, Future Market's PE ratio is substantially lower than that of Altius Telecom, which stands at 52.97, and its EV to EBITDA is also more favorable than many competitors, highlighting its relative value. The PEG ratio of 0.03 further emphasizes the company's attractive growth potential relative to its price. Notably, while the stock has underperformed year-to-date with a return of -41.39%, it has shown a remarkable one-year return of 117.03%, significantly outpacing the Sensex's 7.64% return during the same period, reinforcing the potential for recovery and growth.