Is V2 Retail overvalued or undervalued?

As of 12 November 2025, V2 Retail's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued based on its high valuation metrics, including a PE Ratio of 105.48, an EV to EBITDA of 32.17, and a Price to Book Value of 24.48. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, V2 Retail's PE Ratio is notably higher than Avenue Supermarts at 96.64 and Trent at 95.86, both of which are also categorized as very expensive. The PEG Ratio of 1.04 further supports the overvaluation narrative, especially when contrasted with the industry average. While V2 Retail has shown impressive returns over the past year, outperforming the Sensex significantly, the current valuation metrics indicate that it is overvalued relative to its peers and the broader market.