Is Grovy India overvalued or undervalued?

As of 14 November 2025, Grovy India has moved from an attractive to a very attractive valuation grade. The company appears undervalued based on its current financial ratios, which include a PE ratio of 16.56, an EV to EBITDA of 20.76, and a PEG ratio of 0.04. These metrics suggest that Grovy India is trading at a lower valuation compared to its peers, particularly when considering Bajaj Finance with a PE ratio of 34.62 and Bajaj Finserv at 34.07, both of which are classified as very expensive.
In comparison to its industry peers, Grovy India stands out with a significantly lower PEG ratio, indicating potential for growth at a reasonable price. The company's recent stock performance has lagged behind the Sensex, particularly over the past year with a return of -47.41% compared to the Sensex's 9.00%. This disparity reinforces the notion that Grovy India may be undervalued, presenting an opportunity for investors looking for growth in the realty sector.