Is Sterlite Tech. overvalued or undervalued?

As of 17 November 2025, Sterlite Technologies has moved from an expensive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 1420.13, an EV to EBITDA ratio of 14.41, and a ROE of 0.19%. In comparison to its peers, Polycab India is rated as very expensive with a PE of 46.98, while Havells India is also fairly valued with a PE of 63.33.
Despite the high PE ratio, Sterlite's valuation appears justified given its position in the market. The company has outperformed the Sensex year-to-date with a return of 35.93% compared to the Sensex's 8.72%, indicating strong relative performance. Overall, the analysis suggests that Sterlite Tech is fairly valued in the current market context.