Is Praveg overvalued or undervalued?

As of 17 November 2025, Praveg's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently considered overvalued based on its financial ratios. Notable ratios include a PE Ratio of -304.75, an EV to EBITDA of 18.82, and a Price to Book Value of 1.75.
In comparison to peers, Altius Telecom has a much more favorable PE Ratio of 51.5 and an EV to EBITDA of 9.62, while Sagility, which is also rated fair, has a PE Ratio of 29.82 and an EV to EBITDA of 16.02. The stark contrast in these ratios suggests that Praveg is not only overvalued but also underperforming relative to its industry peers. Additionally, Praveg's stock has significantly underperformed the Sensex over the past year, with a return of -55.70% compared to the Sensex's 9.50%, reinforcing the conclusion of its overvaluation.