Is Kings Infra overvalued or undervalued?

As of 31 October 2025, Kings Infra's valuation grade has moved from fair to expensive, indicating a shift in its market perception. The company is currently considered overvalued based on its financial ratios, with a PE ratio of 28.85, a Price to Book Value of 5.56, and an EV to EBITDA of 16.44. These figures suggest that investors are paying a premium for the stock compared to its earnings and book value.
In comparison to its peers, Kings Infra's PE ratio is significantly higher than Avanti Feeds, which has a PE of 16.41, and Mukka Proteins at 17.39, both of which are rated as attractive. The PEG ratio of Kings Infra at 0.45 does indicate growth potential, but the overall valuation metrics suggest that the stock is not justified at its current price level. Notably, while Kings Infra has outperformed the Sensex over the long term, its recent performance shows a decline, with a year-to-date return of -5.78% compared to the Sensex's 7.42%.