Is Railtel Corpn. overvalued or undervalued?

As of 19 November 2025, Railtel Corpn. has moved from an expensive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 34.88, an EV to EBITDA of 19.26, and a PEG ratio of 2.49. In comparison, Indus Towers, which is considered expensive, has a PE ratio of 11.64 and an EV to EBITDA of 6.17, while Affle 3i is classified as very expensive with a PE ratio of 56.6 and an EV to EBITDA of 41.20.
Despite the fair valuation, Railtel's stock has underperformed relative to the Sensex, with a year-to-date return of -13.25% compared to the Sensex's 9.02%. This performance, alongside its current ratios, suggests that while Railtel Corpn. is not overvalued, it may face challenges in the near term, particularly in light of its recent stock performance against broader market trends.