Is Plada Infotech S overvalued or undervalued?

As of 24 October 2025, Plada Infotech S has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 8.30, an EV to EBITDA ratio of 6.26, and a Price to Book Value of 0.67. These ratios indicate that while the company is not undervalued, it also does not present an attractive investment opportunity at its current price.
In comparison to its peers, TCS has a significantly higher PE ratio of 22.03 and an EV to EBITDA of 8.74, reflecting a more favorable valuation in the market. Infosys, which is also rated fair, has a PE ratio of 22.53, further emphasizing Plada Infotech S's relative underperformance. Additionally, the company's recent stock performance has been disappointing, with a year-to-date return of -33.33%, contrasting sharply with the Sensex's 9.09% return in the same period, reinforcing the notion that the stock is fairly valued but lacks momentum.