Is Namo eWaste overvalued or undervalued?

As of 9 October 2025, the valuation grade for Namo eWaste has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued based on its high valuation metrics, including a PE ratio of 52.05, an EV to EBITDA ratio of 32.11, and a Price to Book Value of 4.96. These figures suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Namo eWaste's PE ratio is notably high, especially when contrasted with Altius Telecom, which has a PE of 54.74, and Sagility, which stands at 31.43. This further reinforces the notion that Namo eWaste is overvalued in its industry. Additionally, while the stock has shown a positive return of 8.51% over the past year, it underperformed the Sensex, which returned 0.80% in the same period, highlighting potential concerns about its valuation sustainability.