Is Ramky Infra overvalued or undervalued?

As of 26 May 2025, the valuation grade for Ramky Infra has moved from very attractive to attractive, indicating a shift in perceived value. The company is currently assessed as undervalued, particularly when compared to its peers. Key ratios include a PE Ratio of 17.86, an EV to EBITDA of 11.71, and a ROCE of 12.32%.
In comparison to peers, Larsen & Toubro has a significantly higher PE Ratio of 34.21 and an EV to EBITDA of 17.35, while Siemens is even more expensive with a PE of 56.88. Despite the recent stock performance showing a 4.05% return over the past week compared to the Sensex's 1.43%, the year-to-date return of -19.80% suggests that Ramky Infra may still be undervalued relative to its intrinsic worth and market conditions.