Is Brookfield Infrastructure Partners LP overvalued or undervalued?

As of 28 April 2025, the valuation grade for Brookfield Infrastructure Partners LP has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued based on its key financial ratios, including a P/E ratio of 14, an EV to EBITDA of 8.10, and a ROE of 27.45%.
In comparison to its peers, Brookfield Renewable Corp. is rated risky with a much higher P/E ratio of 66.22, while NextEra Energy Partners LP, also rated risky, has a P/E of 13.93. This highlights Brookfield Infrastructure's relative attractiveness in the market. Notably, despite a recent dip in stock performance compared to the S&P 500 over the past week, the company has outperformed the index over the past year with a return of 21.22% versus 10.26% for the S&P 500, reinforcing its undervalued status.