Is Pace E-Commerce overvalued or undervalued?

As of 26 August 2025, Pace E-Commerce's valuation grade has moved from very attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued, with a price-to-earnings (PE) ratio of 15.67, a price-to-book value of 0.71, and an EV to EBITDA ratio of 13.13. These ratios suggest that while the company is not undervalued, it also does not appear to be overvalued compared to its peers.
In comparison to its industry peers, Pace E-Commerce's PE ratio is significantly lower than that of Avenue Supermarts and Trent, which have PE ratios of 113.3 and 118.79, respectively, indicating that Pace is more reasonably priced in the current market context. Additionally, the company's PEG ratio of 0.41 further supports the notion that it is fairly valued, especially when considering its recent stock performance, which has outperformed the Sensex over the last week despite a year-to-date decline of 31.69%.