Is Storage Tech overvalued or undervalued?

As of 14 November 2025, the valuation grade for Storage Tech has moved from very expensive to expensive, indicating a slight improvement in perceived value. Despite this change, the company is still considered overvalued. Key ratios include a PE ratio of 23.07, an EV to EBITDA of 10.06, and a Price to Book Value of 2.05, which suggest that the stock is priced higher than its earnings and assets would typically warrant.
In comparison to its peers, Storage Tech's PE ratio is significantly lower than that of Rail Vikas, which has a PE of 58.94, but still higher than more reasonably valued companies like Craftsman Auto, which has a PE of 61.32. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -59.21%, contrasting sharply with the Sensex's positive return of 8.22% during the same period. This further reinforces the view that Storage Tech is currently overvalued in the market.