Is RattanIndia Ent overvalued or undervalued?

As of 29 May 2025, RattanIndia Enterprises has moved from a valuation grade of very attractive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 77.93, an EV to EBITDA of 25.05, and a ROCE of 35.52%.
In comparison to its peers, RattanIndia's PE ratio significantly exceeds that of Altius Telecom, which stands at 52.97, and it also surpasses the EV to EBITDA ratio of Embassy Office REIT at 21.67. The company's recent stock performance has been mixed, with a 1-month return of 22.30%, compared to the Sensex's 3.84%, but it has underperformed over the longer term, particularly with a year-to-date decline of 21.52% against the Sensex's gain of 5.59%.