Is Redington overvalued or undervalued?

As of 6 November 2025, Redington's valuation grade has moved from fair to attractive, indicating a positive reassessment of its market position. The company is currently deemed undervalued, particularly when considering its PE ratio of 18.43, a Price to Book Value of 0.25, and an EV to EBITDA of 15.47. These ratios suggest that Redington is trading at a significant discount compared to its peers, particularly when juxtaposed with Aditya Infotech, which has a PE ratio of 121.53, and Avantel at 127.72.
In addition to its favorable valuation metrics, Redington's recent stock performance has outpaced the Sensex, with a year-to-date return of 44.93% compared to the Sensex's 6.62%. This strong performance, coupled with its attractive valuation ratios, reinforces the conclusion that Redington is currently undervalued in the market.