Is Titan Company overvalued or undervalued?

As of 26 June 2025, Titan Company's valuation grade has moved from fair to expensive, indicating that the stock is currently overvalued. Key ratios reveal a PE Ratio of 98.28, an EV to EBITDA of 59.36, and a Price to Book Value of 28.21, all of which are significantly higher than industry averages. In comparison, Kalyan Jewellers has a PE Ratio of 79.66 and an EV to EBITDA of 39.72, while PC Jeweller stands out as very attractive with a PE Ratio of 13.86 and an EV to EBITDA of 25.58.
Given these metrics, Titan Company appears overvalued relative to its peers in the Gems, Jewellery, and Watches industry. The company's recent stock performance has outpaced the Sensex, with a year-to-date return of 13.53% compared to the Sensex's 7.19%, but this does not mitigate the concerns regarding its high valuation ratios.