Is Airan overvalued or undervalued?

As of 17 June 2025, the valuation grade for Airan has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently assessed as undervalued, with a PE ratio of 20.48, an EV to EBITDA ratio of 19.44, and a PEG ratio of 0.43, which suggests that it is trading at a lower valuation compared to its growth prospects.
In comparison to its peers, Airan's PE ratio is significantly lower than that of TCS at 26.2 and Infosys at 25.51, while its EV to EBITDA ratio is also more favorable than TCS's 18.32. The lower PEG ratio of 0.43 further emphasizes Airan's attractiveness relative to its competitors. Additionally, over the past week, Airan has outperformed the Sensex with a return of 11.32% compared to the Sensex's decline of 0.98%, reinforcing the notion that it may be undervalued in the current market.