Is Transwind Infra. overvalued or undervalued?

As of 22 September 2025, the valuation grade for Transwind Infra. has moved from very attractive to attractive. The company is currently considered undervalued based on its key financial ratios, which include a PE ratio of 9.33, a price to book value of 0.57, and an EV to EBITDA of 9.15. Compared to its peers, Transwind Infra. stands out with a significantly lower PE ratio than Rail Vikas, which is considered expensive at 62.93, and Tube Investments, which is very expensive at 99.6.
Despite recent challenges, including a year-to-date stock return of -34.81% compared to a positive Sensex return of 6.59%, Transwind Infra.'s valuation metrics suggest that it remains an attractive investment opportunity in the construction industry. With a PEG ratio of 1.71, it indicates potential for growth relative to its current price, reinforcing the view that the company is undervalued in the current market environment.