Is Identixweb overvalued or undervalued?

As of 4 November 2025, the valuation grade for Identixweb has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 16.65, an EV to EBIT of 11.76, and an ROE of 28.19%.
In comparison to its peers, Identixweb's PE ratio is lower than TCS, which stands at 21.51, and Infosys at 21.68, both of which are rated more favorably. Additionally, while Identixweb's EV to EBITDA of 10.23 is competitive, it still reflects a premium compared to peers like HCL Technologies, which has an EV to EBITDA of 6.1. The recent stock performance shows a decline of 12.98% over the past week, contrasting with a modest drop in the Sensex, reinforcing the notion that Identixweb may be overvalued in the current market context.