Is Praveg overvalued or undervalued?

As of 14 October 2025, Praveg's valuation grade has moved from fair to attractive, indicating a more favorable assessment of its market position. The company appears to be undervalued, particularly when considering its high PE ratio of 105.12, an EV to EBIT of 56.48, and a low ROE of 3.31%. These figures suggest that while the market may currently undervalue Praveg, its earnings potential is not being fully recognized.
In comparison to its peers, Praveg's PE ratio is significantly higher than Altius Telecom's 54.93, which is rated as very attractive, and far exceeds the valuations of other competitors like Embassy Off.REIT at 24.8 and Mindspace Business at 55.63, both categorized as very expensive. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date decline of 53.16% compared to the Sensex's 4.98% gain, the attractive valuation suggests potential for recovery and growth in the long term.