Is Thirani Projects overvalued or undervalued?

As of 24 July 2025, the valuation grade for Thirani Projects has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently undervalued, especially when compared to its peers. Key ratios include a PE Ratio of 9.78, an EV to EBIT of 9.16, and a PEG Ratio of 0.09, all suggesting that the stock is trading at a discount relative to its earnings growth potential.
In comparison to its peers, Thirani Projects stands out with a much lower PE Ratio than Bajaj Finance, which is very expensive at 35.82, and Life Insurance, which is fairly valued at 12.02. The company's EV to EBITDA ratio of 9.16 is also competitive against the industry, reinforcing its undervaluation. Notably, Thirani Projects has outperformed the Sensex, with a 1-year return of 39.48% compared to the Sensex's 2.54%, further supporting the argument for its attractive valuation.