Is Sterlite Tech. overvalued or undervalued?

As of 15 September 2025, the valuation grade for Sterlite Technologies has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of -457.93, an EV to EBITDA ratio of 14.56, and a Price to Book Value of 2.99. Notably, the company's return on equity (ROE) stands at -3.57%, indicating challenges in generating profit from equity.
In comparison to its peers, Sterlite Technologies shows a more favorable valuation than Polycab India, which has a PE ratio of 49.19 and an EV to EBITDA of 32.99, and Havells India, with a PE of 70.85 and an EV to EBITDA of 46.76. While Sterlite's stock has underperformed the Sensex over the past year with a return of 23.43% compared to the Sensex's -1.33%, it has outperformed in the year-to-date with a return of 41.94% versus the Sensex's 4.67%.