Is Panasonic Energy overvalued or undervalued?

As of 29 August 2025, the valuation grade for Panasonic Energy has moved from attractive to very attractive. 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 peers, Panasonic Energy's PE ratio is notably lower than Exide Industries at 39.67 and HBL Engineering at 65.28, both of which are categorized as very expensive. Despite recent stock performance trailing the Sensex, with a year-to-date return of -26.46% compared to the Sensex's 2.14%, the underlying valuation metrics suggest that Panasonic Energy presents a compelling investment opportunity at its current price of 337.05.