Is ITD Cem overvalued or undervalued?

As of 20 June 2025, the valuation grade for ITD Cem has moved from very expensive to expensive, indicating a slight improvement in its valuation perception. The company is currently considered overvalued based on its financial ratios, with a PE ratio of 36.86, a Price to Book Value of 7.50, and an EV to EBITDA of 16.11.
In comparison to peers, ITD Cem's PE ratio is higher than that of Larsen & Toubro, which stands at 34.31, and IRB Infra.Development, which has a PE of 38.06. The PEG ratio of ITD Cem is 1.02, suggesting that while the company is growing, its valuation may not be justified by its earnings growth relative to its price. Notably, ITD Cem has significantly outperformed the Sensex over various time frames, including a 67.26% return over the past year, which reinforces the notion of its current overvaluation.