Is Nila Spaces overvalued or undervalued?

As of 11 July 2025, the valuation grade for Nila Spaces has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently deemed overvalued, with a PE Ratio of 40.35, a Price to Book Value of 4.18, and an EV to EBITDA ratio of 18.33. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Nila Spaces has a lower PE ratio than Macrotech Developers, which stands at 50.65, but is higher than DLF's PE of 43.19. This highlights that while Nila Spaces is overvalued, it is not the most expensive in its peer group. The company's recent stock performance has outpaced the Sensex, with a 1-year return of 79% compared to the Sensex's 3.26%, which may contribute to the inflated valuation perception. Overall, Nila Spaces appears to be overvalued in the current market context.