Is iStreet Network overvalued or undervalued?

As of 12 November 2025, the valuation grade for iStreet Network has moved from does not qualify to very expensive. This indicates a significant shift in perception regarding its valuation. Based on the current metrics, the company is overvalued. The PE ratio stands at an extraordinarily high 521.67, while the Price to Book Value is 76.81, and the EV to EBITDA is 124.91, all suggesting that the stock price is not justified by its earnings or book value.
In comparison to its peers, iStreet Network's valuation appears excessive. For instance, Elitecon International has a PE ratio of 329.04, while PTC India, which is rated very attractive, has a PE of just 7.7. This stark contrast highlights the overvaluation of iStreet Network within the e-retail/e-commerce sector. Additionally, while iStreet Network has shown impressive stock returns over the past year at 1579.43%, this performance is not sustainable given its current valuation metrics compared to the Sensex's 7.36% return in the same period.