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 significant shift in its market perception. The company is currently deemed overvalued based on its financial ratios, including a PE Ratio of 19.64, an EV to EBITDA of 10.63, and a Price to Book Value of 6.08. These metrics suggest that investors are paying a premium for the stock relative to its earnings and book value.
In comparison to peers, Globe Civil's PE Ratio of 19.64 is notably lower than that of Larsen & Toubro, which stands at 31.94, indicating that Globe Civil may not be justified in its current valuation. Other peers, such as Siemens, are categorized as very expensive with a PE Ratio of 57.13, further highlighting the relative valuation concerns surrounding Globe Civil. Despite the company's strong ROCE of 28.42% and ROE of 30.94%, the overall assessment suggests that Globe Civil is overvalued in the current market environment.