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 investment appeal. The company appears to be overvalued, particularly highlighted by its high PE ratio of 66.01 and an EV to EBITDA of 17.76, which are considerably higher than its peers. For comparison, Altius Telecom, which is rated very attractive, has a PE ratio of 51.5 and an EV to EBITDA of 9.62, showcasing a more favorable valuation.
Additionally, Photoquip India's ROCE stands at a mere 3.08% and ROE at 1.74%, further emphasizing its underperformance relative to industry standards. The company's stock has notably underperformed against the Sensex, with a year-to-date return of -32.46% compared to the Sensex's 8.22%. Given these factors, Photoquip India is currently positioned as overvalued in the market.