Is MEP Infrast. overvalued or undervalued?

As of 31 May 2022, MEP Infrastructure has moved from a very attractive valuation grade to a risky one. The company is currently considered overvalued based on its negative financial ratios, including a PE Ratio of -0.17, an EV to EBITDA of -2.30, and an EV to Sales ratio of 8.54. These figures indicate significant financial distress and a lack of profitability.
In comparison to its peers, MEP Infrastructure's valuation stands out negatively against companies like DLF, which has a PE Ratio of 46.64, and Macrotech Developers, with a PE Ratio of 54.71. Both are categorized as very expensive, further highlighting MEP's precarious position in the market. Additionally, MEP's stock has underperformed significantly over the past year, with a return of -71.48% compared to the Sensex's 7.59%, reinforcing the notion that the company is currently overvalued.