Is Jayant Infratech overvalued or undervalued?

As of 28 August 2025, the valuation grade for Jayant Infratech has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued. Key ratios supporting this assessment include a PE ratio of 10.63, an EV to EBITDA of 7.67, and a PEG ratio of 0.17, all of which are considerably lower than industry peers.
In comparison, notable peers such as Thermax and BEML Ltd are classified as expensive, with PE ratios of 56.6 and 53.45, respectively, highlighting Jayant Infratech's relative affordability. Additionally, the company's strong return on capital employed (ROCE) of 40.42% and return on equity (ROE) of 26.88% further reinforce its attractive valuation. Despite recent stock performance lagging behind the Sensex over the longer term, the current metrics suggest a compelling investment opportunity in the construction sector.