Is Ras Resorts overvalued or undervalued?

As of 10 November 2025, the valuation grade for Ras Resorts has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 50.97, an EV to EBITDA of 12.77, and a Price to Book Value of 0.82. Compared to peers, Indian Hotels Co has a PE ratio of 59.41 and EV to EBITDA of 33.82, while Chalet Hotels shows a PE of 34.21 and an EV to EBITDA of 23.35, indicating that Ras Resorts is trading at a premium relative to its industry.
Despite a recent stock return of 4.30% over the past week, which outperformed the Sensex's decline of 0.53%, the company's year-to-date performance shows a significant drop of 16.74%, contrasting with the Sensex's gain of 6.91%. This further emphasizes the overvaluation status of Ras Resorts in the current market context.