Is Globe Civil overvalued or undervalued?

As of 29 August 2025, the valuation grade for Globe Civil has moved from does not qualify to expensive, indicating a shift in perception regarding its market value. The company is currently deemed overvalued, with a PE ratio of 19.64, a Price to Book Value of 6.08, and an EV to EBITDA of 10.63. These ratios suggest that the stock may not offer sufficient return relative to its price.
In comparison to peers, Globe Civil's PE ratio is significantly lower than that of Larsen & Toubro, which stands at 31.94, indicating that Globe Civil is trading at a discount relative to this competitor. However, its valuation appears inflated when compared to the broader market context, as many peers are categorized as very expensive. Notably, Globe Civil has underperformed against the Sensex in the past month, with a stock return of -6.25% compared to the Sensex's -1.88%. This further supports the conclusion that Globe Civil is currently overvalued.