Is Globe Civil overvalued or undervalued?

As of 1 September 2025, Globe Civil's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 19.49, an EV to EBITDA of 10.56, and a robust ROE of 30.94%. In comparison to peers, Larsen & Toubro also holds a fair valuation with a significantly higher PE ratio of 31.88, while CG Power & Ind is categorized as very expensive with a staggering PE of 112.75.
Despite the recent stock performance showing a slight decline of 1.74% over the past week compared to a 1.56% drop in the Sensex, Globe Civil's strong financial ratios, particularly its impressive ROCE of 28.42%, suggest that it is well-positioned within the construction industry. Overall, the valuation metrics and peer comparisons support the conclusion that Globe Civil is fairly valued at its current price of 78.50.