Is Matrimony.com overvalued or undervalued?

As of 17 April 2025, the valuation grade for Matrimony.com has moved from very attractive to attractive, indicating a shift in perception regarding its investment potential. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 24.74, an EV to EBITDA of 17.37, and a ROE of 18.74%.
In comparison to peers, Matrimony.com’s PE ratio is notably higher than the industry average, which suggests that it may be priced at a premium relative to its competitors. For instance, if we consider similar companies in the E-Retail/E-Commerce sector, they typically exhibit lower PE ratios, indicating that Matrimony.com might be overvalued in this context. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -23.99% compared to the Sensex's 5.62%, reinforcing the notion that the stock may not be an attractive investment at its current valuation.