Is Roadstar Infra overvalued or undervalued?

As of 11 July 2025, the valuation grade for Roadstar Infra has moved from does not qualify to expensive. The company is currently overvalued, as indicated by a PE ratio of -1041.09, an EV to EBITDA ratio of 6.96, and an EV to Sales ratio of 3.92. In comparison to peers, Larsen & Toubro is rated attractive with a PE of 33.16 and an EV to EBITDA of 16.88, while IRB Infrastructure Development is also considered expensive with a PE of 37.25 and an EV to EBITDA of 12.73.
Given these metrics, Roadstar Infra's valuation appears significantly inflated, particularly with a negative PE ratio, which suggests a lack of profitability. This situation is further underscored by the company's performance relative to the Sensex, where it has shown no recent stock return, contrasting with the index's modest gains.