Is Sanmit Infra overvalued or undervalued?

As of 3 November 2025, the valuation grade for Sanmit Infra has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 59.08, an EV to EBITDA of 22.38, and a Price to Book Value of 3.95. In comparison to its peers, DLF shows a PE ratio of 43.57 and an EV to EBITDA of 88.27, while Lodha Developers has a PE ratio of 37.09 and an EV to EBITDA of 27.72, indicating that Sanmit Infra's valuation is more reasonable relative to these competitors.
Despite the fair valuation, Sanmit Infra has experienced a significant decline in stock performance, with a year-to-date return of -29.54%, contrasting sharply with the Sensex's positive return of 7.47% during the same period. This underperformance, along with a relatively high PEG ratio of 0.00, suggests that while the company is fairly valued, there may be underlying issues affecting its growth prospects.