Is Pratham EPC overvalued or undervalued?

As of 20 October 2025, Pratham EPC's valuation grade has moved from very attractive to fair, indicating a shift in its perceived investment potential. The company is currently fairly valued. Key ratios include a PE ratio of 23.70, an EV to EBITDA of 18.88, and a PEG ratio of 0.76, which suggests that while the stock is not undervalued, it also does not appear to be significantly overvalued relative to its growth prospects.
In comparison to its peers, Reliance Industries has a PE ratio of 23.88 and an attractive valuation, while ONGC is considered very expensive with a PE of 8.65. This positions Pratham EPC in a competitive landscape where its valuation metrics are in line with industry standards, but it lacks the appeal of some of its peers. Notably, Pratham EPC has underperformed the Sensex over the past year, with a return of -25.7% compared to the Sensex's 3.98%, reinforcing the notion that while the stock is fairly valued, it faces challenges in market performance.