Is Keystone Realtor overvalued or undervalued?

As of 3 July 2025, the valuation grade for Keystone Realtor has moved from very expensive to expensive, indicating a slight improvement in its perceived value. However, the company is still considered overvalued based on its current metrics. The PE ratio stands at 46.59, while the EV to EBITDA ratio is 37.57, and the PEG ratio is 1.21, all of which suggest that the stock is trading at a premium compared to its earnings growth potential.
In comparison to peers, Keystone Realtor's PE ratio is higher than DLF's 43.97 and lower than Macrotech Development's 49.42, reinforcing its expensive valuation status. The EV to EBITDA ratio also exceeds that of Macrotech, which is at 35.41, highlighting that Keystone is still positioned at a higher valuation relative to its earnings before interest, taxes, depreciation, and amortization. Despite recent stock performance showing a 20.26% return over the past month compared to a 3.10% return for the Sensex, the overall valuation metrics suggest that Keystone Realtor remains overvalued in the current market environment.