Is Puravankara overvalued or undervalued?

As of 10 November 2025, the valuation grade for Puravankara has moved from expensive to fair. Based on the analysis, the company appears to be undervalued. Key ratios include a PE ratio of -20.82, an EV to EBITDA of 193.72, and a Price to Book Value of 0.37, which indicate significant discrepancies compared to its peers.
In comparison to its industry peers, DLF has a PE ratio of 42.6 and an EV to EBITDA of 86.15, while Lodha Developers shows a PE of 36.14 and an EV to EBITDA of 27.04, both categorizing them as very expensive. Despite Puravankara's recent stock performance, which has lagged behind the Sensex with a YTD return of -33.49% compared to the Sensex's 6.91%, its current valuation suggests that it may present a buying opportunity given the fair valuation grade.