Is AVP Infracon overvalued or undervalued?

As of 17 September 2025, the valuation grade for AVP Infracon has moved from expensive 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 13.36, an EV to EBITDA of 8.81, and a ROCE of 37.37%.
In comparison to its peers, AVP Infracon's PE Ratio is notably lower than that of DLF, which stands at 40.69, and Lodha Developers at 40.6, both of which are classified as very expensive. Despite the high ROE of 35.57%, the overall valuation suggests that AVP Infracon is not justified at its current price of 177.50, especially considering its recent performance, which has lagged behind the Sensex with a year-to-date return of -14.66% compared to the Sensex's 7.13%.