Is Tulive Developer overvalued or undervalued?

As of 25 April 2023, the valuation grade for Tulive Developer has moved from does not qualify to risky, indicating a significant shift in its perceived financial health. The company is currently assessed as overvalued, primarily due to its alarming PE ratio of -175.28 and an EV to EBITDA ratio of -203.24, which suggest severe profitability issues. Additionally, the Price to Book Value stands at 4.41, further complicating its valuation picture.
In comparison to peers, Tulive Developer's valuation metrics starkly contrast with companies like Ircon International, which has a PE ratio of 28.25 and an EV to EBITDA of 23.27, indicating a more favorable valuation. Other peers such as Tube Investments and AIA Engineering are also categorized as very expensive, with PE ratios of 87.5 and 31.18, respectively. Despite a strong year-to-date return of 41.62%, the overall performance relative to the Sensex, particularly over the past year, shows a decline of 8.20%, reinforcing the notion that Tulive Developer is currently overvalued.