Is Bharat Global overvalued or undervalued?

As of 14 August 2025, Bharat Global's valuation grade has moved from very attractive to attractive. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE Ratio of 52.43, an EV to EBITDA of 165.34, and a ROE of 8.42%. Compared to peers, TCS has a PE of 22.19 and an EV to EBITDA of 15.63, while Infosys shows a PE of 22.05 and an EV to EBITDA of 14.46, highlighting a significant disparity in valuation.
Despite a recent stock price increase to 83.00, Bharat Global's performance over the past year has been poor, with a return of -52.8% compared to a 1.89% gain in the Sensex. This, combined with its high valuation ratios, suggests that the stock is not justified at its current price level, indicating an overvalued status in the market.