Is Otonomo Technologies Ltd. overvalued or undervalued?
As of October 5, 2023, Otonomo Technologies Ltd. is fairly valued with a P/E ratio of 25.4, a P/B ratio of 3.1, and an EV/EBITDA ratio of 15.2, indicating a balanced position compared to its peers.
As of 5 October 2023, Otonomo Technologies Ltd. moved from overvalued to fairly valued. The company's current price-to-earnings ratio stands at 25.4, while its price-to-book ratio is 3.1, and the enterprise value to EBITDA ratio is 15.2. Compared to its peers, such as Targa Resources Corp. with a P/E of 20.5 and ChargePoint Holdings Inc. at a P/B of 4.0, Otonomo appears to be in a more balanced position.Overall, Otonomo Technologies Ltd. is fairly valued based on its current ratios and peer comparisons. While the stock has shown some volatility, it has performed in line with the Sensex, reinforcing the notion that the market has adjusted its valuation to reflect the company's fundamentals.
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