Is Panasonic Energy overvalued or undervalued?

As of 14 August 2025, the valuation grade for Panasonic Energy has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 29.20, an EV to EBITDA of 15.83, and a ROCE of 13.52%.
In comparison with peers, Panasonic Energy's PE ratio is lower than Exide Industries at 37.52 and HBL Engineering at 61.93, both of which are classified as very expensive. Additionally, Amara Raja Energy, which is rated as attractive, has a significantly lower PE ratio of 20.2. Despite recent stock performance showing a decline of 28.05% year-to-date compared to a 3.15% increase in the Sensex, the underlying valuation metrics suggest that Panasonic Energy presents a compelling investment opportunity at its current price of 329.75.