Is Enser overvalued or undervalued?

As of 18 November 2025, the valuation grade for Enser has moved from very attractive to very expensive, indicating a significant shift in its market perception. The company is currently overvalued, with a PE ratio of 18.32, an EV to EBITDA of 12.57, and a Price to Book Value of 4.06. These ratios suggest that investors are paying a premium for Enser compared to its earnings and book value.
In comparison to its peers, Enser's valuation metrics appear less favorable. For instance, Firstsour.Solu. has a PE ratio of 38.31 and an EV to EBITDA of 19.95, while eClerx Services shows a PE of 35.54 and an EV to EBITDA of 22.85, both indicating stronger growth expectations. Notably, Enser's stock has underperformed against the Sensex, with a year-to-date return of -40.55% compared to the Sensex's 9.58%, further reinforcing the notion that the company is overvalued in the current market environment.