Is Startek, Inc. overvalued or undervalued?

As of 15 October 2023, Startek, Inc. has moved from fair to attractive in its valuation. The company is currently undervalued, with a price-to-earnings ratio of 12.5, a price-to-book ratio of 1.2, and a debt-to-equity ratio of 0.5. In comparison, its peers, Teleperformance and Concentrix, have price-to-earnings ratios of 18.0 and 15.5, respectively, indicating that Startek is trading at a discount relative to its competitors.
Additionally, Startek has shown a strong performance in recent months, with its stock returning 15% compared to a 5% increase in the Sensex, further supporting the notion that the company is undervalued in the current market.