Is Dev Information overvalued or undervalued?

As of 14 November 2025, the valuation grade for Dev Information has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 34.56, an EV to EBITDA of 20.40, and a Price to Book Value of 1.80, which suggest that while the company has a high earnings multiple, it may still offer value relative to its peers.
In comparison to its peers, TCS has a PE Ratio of 22.34 and an EV to EBITDA of 15.7, while Infosys shows a PE of 22.19 and an EV to EBITDA of 14.54. These comparisons highlight that Dev Information's valuation ratios are higher, yet its PEG Ratio stands at 0.00, indicating potential growth at a reasonable price. Despite a challenging year with a YTD return of -37.79% compared to the Sensex's 8.22%, the current valuation suggests that Dev Information may present a buying opportunity for investors looking for growth in the software and consulting sector.