Is Garnet Construct overvalued or undervalued?

As of 17 November 2025, Garnet Construct's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as undervalued based on its strong financial ratios, including a PE ratio of 3.98, an EV to EBIT of 3.50, and a PEG ratio of 0.02. These figures suggest that Garnet Construct is trading at a significant discount compared to its earnings potential.
In comparison to its peers, Garnet Construct stands out with a much lower PE ratio than DLF, which has a PE of 43.02, and Lodha Developers at 36.61. Additionally, its EV to EBITDA ratio of 3.46 is considerably more favorable than the industry average, further supporting the undervaluation thesis. The company's recent stock performance has also been impressive, with a year-to-date return of 97.83%, significantly outpacing the Sensex's return of 8.72%, reinforcing the notion that Garnet Construct is a compelling investment opportunity.