Is IRB Infra.Devl. overvalued or undervalued?

As of 13 June 2025, the valuation grade for IRB Infra.Development has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 39.19, an EV to EBITDA of 13.14, and a Price to Book Value of 1.53. In comparison with peers, Larsen & Toubro has a more attractive PE ratio of 33.63 and an EV to EBITDA of 17.09, indicating it is a more favorable investment relative to IRB Infra.Development. Additionally, Siemens, categorized as very expensive, has a significantly higher PE ratio of 56.38. Notably, IRB Infra.Development has underperformed the Sensex over the past year, with a stock return of -24.64% compared to the Sensex's 5.61% return.