Is Kalpataru Proj. overvalued or undervalued?

As of 3 November 2025, the valuation grade for Kalpataru Projects has moved from fair to very attractive, indicating a significant positive shift in its valuation outlook. The company is currently assessed as undervalued, especially when considering its key ratios, which include a PE ratio of 26.69, an EV to EBITDA of 23.02, and a PEG ratio of 0.54. These figures suggest that the stock is trading at a favorable valuation compared to its earnings growth potential.
In terms of peer comparison, Kalpataru Projects stands out against competitors such as PTC Industries, which is deemed very expensive with a PE ratio of 417.03, and K E C International, which is rated fair with a PE of 35.56. This further reinforces the attractiveness of Kalpataru's valuation. Additionally, while the stock has shown a strong performance over the long term, with a 3-year return of 175.04% compared to the Sensex's 38.04%, its recent performance has been mixed, with a year-to-date return of -1.18% versus the Sensex's 7.47%.