Is Transwind Infra. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Transwind Infra. has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE ratio of 16.49, an EV to EBITDA of 9.30, and a Price to Book Value of 0.58, which suggest that the stock is trading at a discount compared to its intrinsic value.
In comparison with peers, Transwind Infra. stands out with its attractive valuation, especially when contrasted with Rail Vikas, which has a PE ratio of 55.79 and is deemed expensive. Other peers like Tube Investments and AIA Engineering are also classified as very expensive, with significantly higher PE ratios of 91.93 and 27.75, respectively. Despite recent underperformance against the Sensex, with a year-to-date return of -33.18% compared to the Sensex's 7.81%, the valuation metrics indicate that Transwind Infra. presents a compelling investment opportunity at its current price of 14.30.