Is HPL Electric overvalued or undervalued?

As of 4 August 2025, HPL Electric's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 40.24, an EV to EBITDA of 17.08, and a PEG ratio of 0.35, which suggests that while the stock is priced at a premium, its growth potential is still favorable compared to its earnings.
In comparison to its peers, HPL Electric's PE ratio is significantly lower than Siemens Energy Industries at 117.6 and ABB at 60.12, both classified as very expensive. Additionally, Apar Industries, which is considered fair, has a PE ratio of 40.8, indicating that HPL Electric is competitively priced within its sector. Notably, HPL Electric has outperformed the Sensex in the past week with a return of 6.78% compared to the Sensex's 0.16%, reinforcing its attractiveness in the current market environment.