Is Sterlite Tech. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Sterlite Technologies has moved from expensive to attractive, indicating a shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 1398.78, an EV to EBITDA of 25.08, and a Price to Book Value of 0.27, which suggest that despite the high PE ratio, the overall valuation metrics indicate potential for growth.
In comparison to its peers, Sterlite Tech's valuation appears favorable against Polycab India, which has a PE ratio of 46.06 and is deemed very expensive, and Havells India with a PE of 62.17, classified as fair. Notably, Sterlite's EV to Sales ratio of 3.01 is higher than that of Finolex Cables, which stands at 18.96, yet the latter is also considered attractive. Despite recent underperformance compared to the Sensex over shorter periods, Sterlite Tech has shown a strong year-to-date return of 33.89%, significantly outpacing the Sensex's 6.50%.