Shri Krishna Devcon Experiences Valuation Grade Change Amid Competitive Realty Landscape

Shri Krishna Devcon, a microcap player in the realty sector, has recently undergone a valuation adjustment. The company's financial metrics reveal a PE ratio of 21.75 and an EV to EBITDA ratio of 15.69, indicating its current market positioning. The price to book value stands at 1.24, while the EV to sales ratio is noted at 5.24. Additionally, the return on capital employed (ROCE) is recorded at 7.28%, and the return on equity (ROE) is at 5.69%.
In comparison to its peers, Shri Krishna Devcon's valuation metrics present a mixed picture. For instance, GHV Infra is positioned with a significantly higher PE ratio of 57.15, while Peninsula Land is classified as loss-making, affecting its valuation metrics. Other competitors like Haz.Multi Projects and BIGBLOC Construction also exhibit higher valuation ratios, indicating a competitive landscape within the realty sector.

Despite the recent valuation adjustment, Shri Krishna Devcon's performance over various time frames shows resilience, with a notable 60.59% return over three years, although it trails behind the broader market's performance over longer periods. This context highlights the company's standing amid its peers in the realty industry.