Is Shriram Properti overvalued or undervalued?

As of 12 June 2025, the valuation grade for Shriram Properti has moved from very attractive to attractive. The company appears to be fairly valued based on its current metrics. Key ratios include a PE ratio of 21.47, an EV to EBITDA of 67.93, and a ROE of 5.69%.
In comparison to its peers, Shriram Properti's PE ratio is significantly lower than that of DLF, which stands at 44.93, and Macrotech Developers, which has a PE of 52.2, indicating that Shriram Properti is more reasonably priced relative to these competitors. Despite a recent decline in stock performance, particularly a 15.05% drop over the past year compared to a 6.64% gain in the Sensex, the company's valuation suggests it is fairly positioned within the market.