Is Supertech EV overvalued or undervalued?

As of 29 August 2025, the valuation grade for Supertech EV has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 10.29, an EV to EBIT of 7.58, and an EV to EBITDA of 7.20, which, while not excessively high, suggest that the stock may not justify its current price given the competitive landscape.
In comparison to peers, Supertech EV's PE ratio is significantly lower than that of Bajaj Auto at 31.74 and Eicher Motors at 34.48, both of which are categorized as expensive to very expensive. This disparity highlights that Supertech EV may be trading at a premium despite its lower growth metrics, particularly with a PEG ratio of 0.00. Additionally, the company's recent stock performance has lagged behind the Sensex, with a 1-week return of -9.56% compared to the Sensex's -1.84%, reinforcing the notion that Supertech EV is overvalued in the current market environment.