Is Giriraj Civil overvalued or undervalued?

As of 9 October 2025, the valuation grade for Giriraj Civil has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a PE ratio of 48.16, an EV to EBITDA of 35.01, and a PEG ratio of 0.63, which indicates growth potential relative to its price.
In comparison to its peers, Giriraj Civil's PE ratio is lower than that of Thermax, which stands at 56.36, and BEML Ltd, at 60.85, both categorized as expensive. This suggests that Giriraj Civil may offer better value relative to its earnings potential. Notably, the company has outperformed the Sensex in the long term, with a remarkable 3-year return of 1566.67%, reinforcing the perception that it is currently fairly valued.