Is Photoquip India overvalued or undervalued?

As of 14 November 2025, the valuation grade for Photoquip India has moved from attractive to risky, indicating a significant shift in its perceived value. The company is currently considered overvalued, with a PE ratio of 66.01, an EV to EBITDA of 17.76, and a PEG ratio of 0.15. These ratios suggest that the stock is trading at a premium compared to its earnings growth potential.
In comparison to its peers, Photoquip India stands out with a notably high PE ratio compared to Altius Telecom, which has a PE of 51.5, and Sagility, which has a PE of 31.2. The company's return metrics are also concerning, with a ROCE of just 3.08% and an ROE of 1.74%, indicating inefficiencies in generating returns on capital and equity. Additionally, the stock has underperformed against the Sensex, with a year-to-date return of -32.46% compared to the Sensex's 8.22%, reinforcing the notion of overvaluation.