Is G R Infraproject overvalued or undervalued?

As of 7 November 2025, G R Infraproject's valuation grade has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently assessed as undervalued, given its PE ratio of 10.40, EV to EBITDA of 8.95, and a PEG ratio of 0.88, which are significantly lower than its peers. For instance, Larsen & Toubro has a PE ratio of 33.3 and an EV to EBITDA of 17.96, highlighting the relative affordability of G R Infraproject compared to larger competitors.
In addition to its favorable ratios, G R Infraproject's ROCE stands at 11.37% and ROE at 12.01%, suggesting efficient use of capital and strong returns on equity. Despite recent stock performance trailing the Sensex, with a YTD return of -21.38% compared to the Sensex's 6.50%, the company's fundamentals indicate potential for recovery and growth. Overall, G R Infraproject presents a compelling investment opportunity within the construction industry, particularly when contrasted with its more expensive peers.