Is Kontor Space overvalued or undervalued?

As of 15 July 2025, Kontor Space's valuation grade has moved from very attractive to fair, indicating a shift in market perception. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 12.22, an EV to EBITDA of 8.07, and a ROCE of 21.29%.
In comparison to its peers, Kontor Space's PE ratio is significantly lower than that of Altius Telecom, which stands at 53.51, and much lower than the average of its other expensive peers. While the company has demonstrated strong performance metrics, such as a PEG ratio of 0.11, its recent stock performance has lagged behind the Sensex, with a year-to-date return of -33.37% compared to the Sensex's 6.56%. This suggests that while the company is fairly valued, it is currently underperforming in the market.