Is Active Infra. overvalued or undervalued?

As of 10 November 2025, the valuation grade for Active Infra. has moved from fair to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 27.72, an EV to EBITDA of 11.78, and a Price to Book Value of 2.28, which suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to peers, Active Infra. has a lower PE ratio than Larsen & Toubro, which stands at 33.62, but is still considered very expensive in the context of the industry. Other peers such as CG Power & Ind and Siemens are also categorized as very expensive, with PE ratios of 108.77 and 56.89, respectively. Despite its recent stock performance showing a 2.94% return over the past week against a -0.73% return for the Sensex, the overall valuation indicates that Active Infra. is not a favorable investment at this time.