Is Indifra Ltd overvalued or undervalued?

As of 29 August 2025, the valuation grade for Indifra Ltd has moved from very expensive to fair, indicating a significant shift in its perceived value. The company is currently considered fairly valued. Key ratios include a PE ratio of 10.90, a Price to Book Value of 0.60, and a PEG Ratio of 0.11, which suggest that the stock is priced attractively relative to its earnings growth potential.
In comparison to peers, Indifra Ltd's PE ratio is notably lower than that of Adani Enterprises at 76.08 and SRF at 58.98, both of which are categorized as very expensive. This positions Indifra favorably within its sector, especially considering its negative EV to EBIT and EV to EBITDA ratios of -0.02, which indicate challenges in profitability. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -44.22% compared to the Sensex's positive return of 3.31%, reinforcing the notion that while the stock may be fairly valued, it faces significant headwinds in the current market environment.