Is Titan Company overvalued or undervalued?

As of 12 June 2025, Titan Company's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 91.83, an EV to EBITDA ratio of 55.58, and a ROE of 28.71%. In comparison to its peers, Kalyan Jewellers is considered expensive with a PE ratio of 74.86, while P N Gadgil Jewellers is also fairly valued with a PE of 36.99.
Despite the recent stock performance showing a decline of 1.49% over the past week compared to a 0.31% increase in the Sensex, Titan has demonstrated strong long-term growth, with a remarkable 253.03% return over the past five years. This performance, combined with its current valuation metrics, suggests that Titan Company is positioned well within its industry, although it remains on the higher end of the valuation spectrum compared to its peers.