Is Thirani Projects overvalued or undervalued?

As of 7 July 2025, Thirani Projects has moved from a fair to an attractive valuation grade, indicating that it is currently undervalued. The company exhibits a price-to-earnings (PE) ratio of 11.26, a price-to-book value of 0.90, and an EV to EBITDA ratio of 10.64. These metrics suggest that Thirani Projects is trading at a discount compared to its peers, particularly when looking at Life Insurance, which has a PE ratio of 12.35 and an EV to EBITDA of 9.72.
In comparison to other companies in the Non-Banking Financial Company (NBFC) sector, Thirani Projects stands out with its PEG ratio of 0.10, which is significantly lower than the industry average. This reinforces the notion that the stock is undervalued relative to its growth potential. Additionally, while the stock has experienced a recent decline of 10.16% over the past week, it has outperformed the Sensex with a year-to-date return of 28.05% compared to the Sensex's 6.79%. Overall, Thirani Projects presents a compelling investment opportunity given its attractive valuation metrics.