Is CESC overvalued or undervalued?

As of 16 May 2025, the valuation grade for CESC has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently assessed as undervalued. Key ratios include a PE ratio of 16.27, an EV to EBITDA of 13.46, and a dividend yield of 2.68%.
In comparison to its peers, NTPC is rated as very attractive with a PE ratio of 13.78, while Adani Power is considered expensive with a PE of 16.55. CESC's PEG ratio stands at 0.00, suggesting significant growth potential relative to its price. Notably, CESC has outperformed the Sensex over the past year, with a stock return of 15.13% compared to the Sensex's 7.58%.