Is HEC Infra Proj. overvalued or undervalued?

As of 18 July 2025, the valuation grade for HEC Infra Proj. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. The PE ratio stands at 18.78, while the EV to EBITDA ratio is 15.61, and the PEG ratio is notably low at 0.25, indicating strong growth potential relative to its price.
In comparison to its peers, HEC Infra Proj. has a PE ratio that is significantly lower than that of Elitecon International and Lloyds Enterprises, which are both categorized as very expensive with PE ratios of 286.92 and 179.97, respectively. Additionally, PTC India, which is considered very attractive, has a much lower PE ratio of 9.8, suggesting that HEC Infra Proj. is positioned reasonably within its competitive landscape. Notably, HEC Infra Proj. has outperformed the Sensex with a year-to-date return of 34.73% compared to the Sensex's 5.60%, reinforcing its favorable valuation outlook.