Is Kontor Space overvalued or undervalued?

As of 31 October 2025, the valuation grade for Kontor Space has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently deemed overvalued. Key ratios include a PE Ratio of 12.07, an EV to EBITDA of 9.13, and a ROE of 15.75%.
In comparison to its peers, Kontor Space's valuation stands out as excessively high, especially when juxtaposed with Altius Telecom, which has a PE Ratio of 55.48, and Embassy Office REIT at 25.38. Notably, while Kontor Space has shown a recent stock return of 10.97% over the past week, it has underperformed significantly year-to-date with a decline of 34.19%, contrasting sharply with the Sensex's positive return of 8.79% in the same period.