Is T R I L overvalued or undervalued?

As of 14 November 2025, the valuation grade for T R I L has moved from expensive to very expensive. The company is currently overvalued based on its high valuation metrics. Key ratios include a PE ratio of 38.58, an EV to EBITDA of 26.49, and a PEG ratio of 0.37, which indicates that despite the high price, the growth expectations may not justify it.
In comparison to peers, T R I L's PE ratio is higher than that of Larsen & Toubro, which stands at 34.27, and significantly higher than CG Power & Ind, which has a staggering PE of 109.59. The recent stock performance has been poor, with a year-to-date return of -44.12%, contrasting sharply with the Sensex's gain of 8.22% during the same period, reinforcing the notion that T R I L is currently overvalued.