Is Panasonic Energy overvalued or undervalued?

As of 29 August 2025, Panasonic Energy's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued. Key ratios include a PE ratio of 29.85, an EV to EBITDA of 16.19, and a ROCE of 13.52%.
In comparison to its peers, Panasonic Energy's PE ratio is notably lower than Exide Industries, which stands at 39.67, and HBL Engineering, which has a PE of 65.28. This suggests that Panasonic Energy may offer better value relative to its earnings potential. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -26.46% compared to the Sensex's 2.14%, the underlying valuation metrics indicate that the company is positioned favorably in its industry.