Is Bhanderi Infra. overvalued or undervalued?

As of 23 October 2025, Bhanderi Infra's valuation grade has moved from risky to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued, with a price-to-earnings (PE) ratio of 27.69, an EV to EBITDA ratio of 60.93, and a return on equity (ROE) of only 4.89%. These figures suggest that the stock is priced high relative to its earnings and operational performance. In comparison to its peers, Bhanderi Infra's PE ratio is lower than DLF's 40.04 and Lodha Developers' 39.71, but it is higher than Oberoi Realty's 27.34. Additionally, the company's PEG ratio of 0.25 is significantly more favorable than that of DLF and Lodha Developers, which indicates a potential growth opportunity. Despite a strong year-to-date stock return of 30.38% compared to the Sensex's 8.21%, the overall valuation metrics suggest that Bhanderi Infra may not sustain its current price levels given its financial performance.