Is Supertech EV overvalued or undervalued?

As of 9 September 2025, the valuation grade for Supertech EV has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 10.08, an EV to EBIT of 7.44, and an EV to EBITDA of 7.07. In comparison, peers such as Bajaj Auto and Eicher Motors have significantly higher valuations with PE ratios of 34.49 and 39.09, respectively. Despite the recent stock performance showing a slight decline of 2.3% over the past week compared to a 1.18% gain in the Sensex, Supertech EV's high ROCE of 61.20% and ROE of 64.26% indicate strong operational efficiency. However, the overall valuation metrics suggest that the stock is not positioned favorably in the current market landscape.