Is JITF Infra Logis overvalued or undervalued?

As of 13 August 2021, the valuation grade for JITF Infra Logis moved from does not qualify to risky, indicating a significant shift in its perceived financial health. The company appears to be overvalued, particularly given its negative PE ratio of -9.11 and a price to book value of -1.97, which suggest serious underlying issues. Additionally, the EV to EBITDA ratio stands at 10.31, which is relatively high compared to its peers.
In comparison to its industry peers, JITF Infra Logis has a PE ratio that is significantly lower than the average, and the PEG ratio is at 0.00, indicating no growth expectations. For instance, if we consider a peer like a typical utility company with a positive PE ratio and a reasonable EV to EBITDA, JITF's metrics highlight its struggles. Furthermore, the company's stock has underperformed significantly year-to-date, down 43.23%, while the Sensex has gained 5.61%, reinforcing the notion that JITF Infra Logis is currently overvalued.