Is Praveg overvalued or undervalued?

As of 18 November 2025, Praveg's valuation grade has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently considered overvalued based on its significant negative PE ratio of -300.72, a Price to Book Value of 1.80, and an EV to EBITDA ratio of 19.41. These metrics suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Praveg's valuation stands out unfavorably; for instance, Altius Telecom has a PE ratio of 51.84 and an EV to EBITDA of 9.65, which are substantially more attractive. Other peers like Embassy Office REIT and Mindspace Business also exhibit higher valuations with PE ratios of 133.34 and 54.59, respectively. The stark contrast in these ratios reinforces the notion that Praveg is overvalued. Additionally, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -57.72% compared to the Sensex's 8.36%, further highlighting the potential risks for investors.