Is Thakkers Develp. overvalued or undervalued?

As of 13 October 2025, Thakkers Development has moved from a valuation grade of very expensive to expensive, indicating a slight improvement in perceived value. The company is currently considered overvalued based on its financial ratios, with a PE ratio of 17.32, an EV to EBITDA of 20.96, and a Price to Book Value of 0.95. These metrics suggest that the stock is trading at a premium compared to its intrinsic value.
In comparison to its peers, Thakkers Development's PE ratio is significantly lower than that of DLF and Lodha Developers, which stand at 38.37 and 38.86, respectively. This indicates that while Thakkers is less expensive than these competitors, it still does not present a compelling investment opportunity given its current valuation status. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -19.32%, contrasting sharply with the Sensex's gain of 5.36% during the same period. Overall, Thakkers Development appears to be overvalued in the current market environment.