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, are overshadowed by the overall valuation grade.
In comparison to its peers, Kontor Space's valuation stands out unfavorably. For instance, Altius Telecom, categorized as very attractive, has a PE ratio of 55.48, while Embassy Office REIT, also very expensive, has a PE of 25.38. The stark contrast in valuation grades and ratios suggests that Kontor Space is not only overvalued but also significantly lagging behind its peers in terms of investment attractiveness. Additionally, recent stock performance shows a decline of 47.67% over the past year, contrasting sharply with the Sensex's return of 6.27%, reinforcing the notion of overvaluation.