Is Goblin India overvalued or undervalued?

As of 20 October 2025, Goblin India has moved from a fair to an attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 10.00, a Price to Book Value of 0.45, and an EV to EBITDA ratio of 8.69. These metrics suggest that the stock is trading at a significant discount compared to its intrinsic value.
In comparison to its peers, Goblin India stands out with a much lower PE ratio than Altius Telecom, which has a PE of 55.11, and also significantly lower than other expensive peers like Embassy Off.REIT at 25.46 and Mindspace Business at 55.93. Despite recent performance showing a decline in stock value, with a year-to-date return of -55.4% compared to the Sensex's 7.97%, the underlying valuation metrics indicate that Goblin India presents a compelling investment opportunity at its current price of 14.05.