Is Sanmit Infra overvalued or undervalued?

As of 3 June 2025, the valuation grade for Sanmit Infra has moved from expensive to fair. The company is currently fairly valued based on its financial ratios. The PE ratio stands at 114.45, while the EV to EBITDA ratio is 31.97, and the Price to Book Value is 4.87. These ratios indicate a high valuation relative to earnings and book value, but the overall grade suggests a more balanced perspective.
In comparison with peers, Sanmit Infra's PE ratio is significantly higher than DLF's 46.64 and Macrotech Development's 54.71, both of which are categorized as very expensive. Additionally, the PEG ratio of Sanmit Infra is 0.00, which indicates no growth expectations priced in, contrasting sharply with peers that have positive PEG ratios. Despite recent stock performance lagging behind the Sensex, particularly over the past year with a decline of 27.49% compared to the Sensex's 7.61% gain, the current valuation reflects a more reasonable assessment of the company's worth in the market.