Is Giriraj Civil overvalued or undervalued?

As of 21 July 2025, the valuation grade for Giriraj Civil has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 40.16, an EV to EBITDA of 29.21, and a PEG ratio of 0.52, which suggests that while the stock is trading at a high multiple, its growth prospects may justify this valuation.
In comparison to its peers, Giriraj Civil's PE ratio is significantly lower than that of Thermax, which stands at 73.1, and BEML Ltd at 62.26, both of which are considered very expensive. This positions Giriraj Civil more favorably within the construction sector, especially given its relatively strong ROCE of 20.09% and ROE of 15.79%. Notably, Giriraj Civil has outperformed the Sensex over the past week and month, with returns of 25.06% and 20.54% respectively, contrasting with the Sensex's minimal movement during the same periods.