Is Bhanderi Infra. overvalued or undervalued?

As of 6 November 2025, Bhanderi Infra. has moved from a risky to a very expensive valuation grade. The company is currently overvalued, with a PE ratio of 28.18, an EV to EBITDA ratio of 61.49, and a ROE of 4.89%. In comparison to its peers, DLF has a significantly higher PE ratio of 42.52 and an EV to EBITDA of 85.99, while Lodha Developers shows a PE of 36.89 and an EV to EBITDA of 27.58, indicating that Bhanderi Infra. is trading at a premium relative to its competitors. Despite a strong year-to-date return of 32.7% compared to the Sensex's 6.62%, the valuation metrics suggest that the stock is not justified at its current price of 140.00. The high EV to EBIT ratio of 64.37 further emphasizes the overvaluation, as it indicates that investors are paying a high price for earnings relative to its peers. Overall, Bhanderi Infra. appears to be overvalued in the current market environment.