Is Kontor Space overvalued or undervalued?

As of 31 October 2025, the valuation grade for Kontor Space has moved from expensive to very expensive. This indicates a significant shift in perception regarding its valuation. Based on the current metrics, Kontor Space appears to be overvalued. The company has a PE ratio of 12.07, an EV to EBITDA of 9.13, and a PEG ratio of 0.11, which, while seemingly reasonable in isolation, do not justify its very expensive classification when compared to peers.
In comparison to its industry peers, Kontor Space's valuation stands out unfavorably. For instance, Altius Telecom, classified as very attractive, has a PE ratio of 55.48, while Embassy Office REIT is also very expensive with a PE of 25.38. This stark contrast highlights that Kontor Space's valuation does not align with the broader market expectations for growth and profitability. Additionally, the company's stock has underperformed significantly over the past year, with a return of -47.67% compared to the Sensex's 6.27%, further reinforcing the notion of overvaluation.