Is Hathway Bhawani overvalued or undervalued?

As of 15 July 2024, Hathway Bhawani's valuation grade has moved from very expensive to risky, indicating a shift in market perception. The company is currently assessed as undervalued, with a PE ratio of 13.64, an EV to EBITDA of 13.45, and a PEG ratio of 0.08, suggesting that it may offer growth potential relative to its price.
In comparison to its peers, Sun TV Network has a higher PE ratio of 13.91 and an EV to EBITDA of 8.43, while GTPL Hathway stands out with a very attractive PE ratio of 26.16 and a significantly lower EV to EBITDA of 3.36. Despite Hathway Bhawani's recent stock performance lagging behind the Sensex over the past year, with a decline of 13.01% compared to the Sensex's gain of 7.62%, the current valuation metrics suggest that the stock may present a buying opportunity for investors looking for value in the media and entertainment sector.