Is Thakkers Develp. overvalued or undervalued?

As of 14 October 2025, the valuation grade for Thakkers Development has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued based on its financial metrics. Key ratios include a PE Ratio of 17.98, an EV to EBITDA of 21.70, and a ROE of 5.50%.
In comparison to its peers, Thakkers Development's PE Ratio is notably lower than that of DLF at 38.32 and Lodha Developers at 38.44, both of which are also classified as very expensive. However, the low PEG Ratio of 0.03 suggests that growth expectations may not justify the current price. Furthermore, Thakkers Development has underperformed against the Sensex, particularly over the past year with a return of -22.37% compared to the Sensex's 0.07%, reinforcing the notion of overvaluation.