Is T B Z overvalued or undervalued?

As of 8 November 2023, the valuation grade for T B Z has moved from attractive to very attractive, indicating a strong improvement in its perceived value. The company is currently assessed as undervalued. Key ratios supporting this assessment include a PE ratio of 18.45, an EV to EBITDA of 11.31, and a PEG ratio of 0.72, all of which suggest that T B Z is positioned favorably compared to its peers.
In comparison to notable competitors, T B Z's PE ratio is significantly lower than Titan Company, which stands at 94.61, and Kalyan Jewellers, which is at 81.3, both of which are considered expensive. Additionally, T B Z's EV to EBITDA ratio of 11.31 is more attractive than P N Gadgil Jewellers at 22.20. Notably, T B Z has outperformed the Sensex over the past year with a return of 85.33% compared to the Sensex's 7.58%, reinforcing its undervalued status in the current market.