Is Veritaas Adver. overvalued or undervalued?

As of 18 November 2025, the valuation grade for Veritaas Advertising has moved from very attractive to attractive. The company is currently considered fairly valued. Key ratios include a PE ratio of 11.16, an EV to EBITDA of 5.31, and a ROCE of 16.43%.
In comparison to peers, Veritaas Advertising's PE ratio is significantly lower than Altius Telecom, which has a PE of 51.84, indicating that Veritaas may be undervalued relative to this competitor. Other peers like Embassy Office REIT and Mindspace Business also show much higher valuations, with PE ratios of 133.34 and 54.59, respectively. Notably, Veritaas has experienced a substantial decline in stock performance year-to-date, down 51.97%, while the Sensex has gained 9.58%, reinforcing the notion that the stock may be undervalued in the current market context.