Is Ksolves India overvalued or undervalued?

As of 11 July 2025, Ksolves India has moved from an expensive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 24.02, an EV to EBITDA ratio of 17.19, and a robust ROE of 165.32%. In comparison to its peers, TCS has a slightly lower PE ratio of 23.98 and an attractive rating, while Infosys is also fairly valued with a PE of 24.8.
Despite the fair valuation, Ksolves India has underperformed in recent stock returns, showing a year-to-date decline of 27.76% compared to a 5.58% gain in the Sensex. This significant disparity may suggest that while the stock is fairly valued based on its financial metrics, market sentiment could be impacting its current price negatively.