Is Manas Properties overvalued or undervalued?

As of 17 March 2020, the valuation grade for Manas Properties has moved from does not qualify to risky. Based on the analysis, the company is currently considered undervalued. Key ratios include a PE Ratio of 6.48, a Price to Book Value of 2.74, and a ROE of 42.29%. In comparison to peers, DLF Ltd. has a significantly higher PE Ratio of 46.64, while Godrej Properties Ltd. is also marked as risky with a PE of 53.1. The negative EV to EBIT and EV to EBITDA ratios of -32.72 indicate potential concerns, but the low PEG Ratio of 0.00 suggests that the stock may be undervalued relative to its growth prospects. Notably, over the past five years, Manas Properties has underperformed compared to the Sensex, which may further support the valuation narrative.