Is Veer Global Inf. overvalued or undervalued?

As of 6 June 2025, the valuation grade for Veer Global Infraconstruction Ltd. has moved from risky to very expensive, indicating a significant shift in the company's perceived value. The company is currently considered overvalued based on its high valuation ratios. The PE ratio stands at 89.49, while the EV to EBITDA ratio is 54.12, both of which are substantially above industry norms. Additionally, the Price to Book Value ratio is 6.73, further reinforcing the notion of overvaluation.
In comparison to its peers, Veer Global Infraconstruction Ltd. has a PE ratio of 89.49, which is notably higher than the industry average, indicating that investors are paying a premium for its earnings. The PEG ratio of 1.32 suggests that the company's growth prospects are not sufficient to justify its high valuation. Furthermore, the stock has underperformed against the Sensex, with a year-to-date return of -14.01% compared to the Sensex's 5.58%, suggesting that the market may be reassessing the company's growth potential in light of its elevated valuation metrics.