Is Sterlite Tech. overvalued or undervalued?

As of 29 August 2025, the valuation grade for Sterlite Tech. has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of -429.96, an EV to EBITDA of 13.85, and a Price to Book Value of 2.81. Notably, its ROCE stands at 3.51%, while the ROE is at -3.57%, indicating some operational challenges.
In comparison to its peers, Sterlite Tech. shows a more favorable valuation than Polycab India, which is considered very expensive with a PE ratio of 48.22, and Havells India, which is also fair with a PE of 67.76. Despite recent stock performance showing a decline of 12.36% over the past week compared to a 1.84% drop in the Sensex, the year-to-date return of 33.77% suggests a positive outlook relative to the broader market.