Is Peninsula Land overvalued or undervalued?

As of 7 November 2025, the valuation grade for Peninsula Land has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios indicate significant concerns, with a PE ratio of -47.51, an EV to EBITDA of 71.55, and a Price to Book Value of 4.52. These figures suggest that the company's stock price is not justified by its earnings or asset value.
In comparison to its peers, Peninsula Land's PE ratio is notably negative, while DLF and Lodha Developers, both categorized as very expensive, have PE ratios of 42.56 and 36.74, respectively. Additionally, the EV to EBITDA ratio for DLF is 86.07, which highlights the disparity in valuation metrics among companies in the same sector. The recent performance of Peninsula Land has also been underwhelming, with a year-to-date return of -24.43%, contrasting sharply with the Sensex's gain of 6.50% over the same period.