Is Ratnabhumi Dev. overvalued or undervalued?

As of 24 July 2025, the valuation grade for Ratnabhumi Development has moved from attractive to very attractive, indicating a strong positive shift in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 43.02, an EV to EBITDA of 18.30, and a PEG ratio of 0.02, which suggests significant growth potential relative to its price.
In comparison to its peers, Ratnabhumi's PE ratio is lower than DLF's 43.94 and Lodha Developers' 47.87, both of which are categorized as very expensive. This positions Ratnabhumi favorably within the industry. Despite a recent decline in stock price, the company has shown strong year-to-date returns of 34.51%, significantly outperforming the Sensex's 5.18% during the same period, reinforcing the argument for its undervaluation.