Is BIGBLOC Const. overvalued or undervalued?

As of 19 June 2025, the valuation grade for BIGBLOC Construction has moved from very expensive to expensive, indicating a slight improvement in its perceived value. However, the company remains overvalued, with a PE ratio of 92.38, a Price to Book Value of 6.60, and an EV to EBITDA of 37.02. These ratios suggest that the stock is trading at a significant premium compared to its earnings and book value.
In comparison to its peers, BIGBLOC's PE ratio is notably higher than DLF's 44.49 and Macrotech Development's 51.37, both of which are also categorized as very expensive. The company's ROCE of 4.56% and ROE of 7.15% further highlight its underperformance relative to its valuation. Additionally, BIGBLOC's stock has underperformed the Sensex significantly over the past year, with a return of -46.21% compared to the Sensex's 5.20%. This reinforces the conclusion that BIGBLOC is overvalued in the current market context.