Is HP Telecom overvalued or undervalued?

As of 5 September 2025, the valuation grade for HP Telecom has moved from very expensive to expensive. The company is currently considered overvalued based on its financial ratios. The PE ratio stands at 18.94, while the EV to EBITDA ratio is 12.10, and the Price to Book Value is 3.16.
In comparison to its peers, HP Telecom's valuation appears less favorable; for instance, Elitecon International has a significantly higher PE ratio of 582.68, indicating a much more expensive valuation, while PTC India, categorized as very attractive, has a much lower PE ratio of 8.39. Notably, HP Telecom's recent stock performance has outpaced the Sensex, with a 1-week return of 11.73% compared to the Sensex's 1.29%, which may suggest short-term investor optimism despite the overall overvaluation.