Is LTI Mindtree overvalued or undervalued?

As of 27 June 2025, the valuation grade for LTI Mindtree has moved from expensive to fair, indicating a more favorable assessment of its current market position. Based on the analysis, the company appears to be fairly valued. Key ratios include a PE ratio of 34.15, an EV to EBITDA of 22.83, and a ROE of 20.26%.
In comparison to its peers, TCS has a more attractive PE ratio of 25.66, while Infosys is also fairly valued with a PE of 25.02. Notably, LTI Mindtree's PEG ratio matches its PE at 34.15, suggesting that growth expectations are already reflected in its price. Despite a recent decline in stock performance relative to the Sensex, with a YTD return of -5.12% compared to the Sensex's 7.58%, the overall valuation metrics suggest that LTI Mindtree is positioned appropriately within its market context.