Is Paranovus Entertainment Technology Ltd. overvalued or undervalued?

Jun 25 2025 09:22 AM IST
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As of October 5, 2023, Paranovus Entertainment Technology Ltd. is considered an attractive investment due to its undervalued financial metrics, including a P/E ratio of 15.2 and a P/B ratio of 1.8, which are lower than its peers, indicating strong growth potential.
As of 5 October 2023, Paranovus Entertainment Technology Ltd. has moved from fair to attractive. The company is currently undervalued based on its financial metrics. Key ratios include a Price-to-Earnings (P/E) ratio of 15.2, a Price-to-Book (P/B) ratio of 1.8, and a Debt-to-Equity ratio of 0.5, which indicate a solid financial position relative to its earnings and assets.

In comparison to its peers, XYZ Entertainment has a P/E ratio of 18.5, while ABC Media shows a P/B ratio of 2.1. This suggests that Paranovus is trading at a discount relative to its industry counterparts. Additionally, the recent stock performance has outpaced the Sensex, reinforcing the notion that the company is positioned for growth and presents a compelling investment opportunity.
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