Is Prozone Realty overvalued or undervalued?

As of 12 June 2025, the valuation grade for Prozone Realty has moved from expensive to fair, indicating a more favorable assessment of its market position. The company appears to be undervalued, particularly when considering its current PE ratio of -14.13, a price-to-book value of 1.15, and an EV to EBITDA ratio of 18.78. These figures suggest that the stock may be trading below its intrinsic value compared to its peers.
In comparison to notable competitors, DLF has a PE ratio of 44.93 and an EV to EBITDA of 99.23, while Macrotech Developers shows a PE of 52.2 and an EV to EBITDA of 37.33, both of which are significantly higher than Prozone Realty's metrics. This disparity highlights Prozone's relative undervaluation in the market. Additionally, Prozone Realty has outperformed the Sensex with a year-to-date return of 27.15% compared to the Sensex's 4.55%, reinforcing the notion that it may be an attractive investment opportunity at its current price of 35.12.