Is Praveg overvalued or undervalued?

As of 11 July 2025, Praveg's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its perceived value but still suggesting that it is not a bargain. The company is currently considered overvalued based on its high PE ratio of 82.95, an EV to EBITDA of 26.78, and a PEG ratio of 23.07, which are significantly higher than its peers. For instance, Altius Telecom, a peer in the industry, has a PE ratio of 53.33 and an EV to EBITDA of 11.85, showcasing a more attractive valuation.
In comparison to other peers, such as BLS International with a PE of 31.11 and an EV to EBITDA of 24.26, Praveg's ratios highlight its overvaluation. Additionally, the company's recent stock performance has been underwhelming, with a year-to-date return of -32.87% compared to a positive 5.58% return for the Sensex, reinforcing the notion that Praveg is not currently a favorable investment.