Is Supertech EV overvalued or undervalued?

As of 1 October 2025, the valuation grade for Supertech EV has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued based on its key financial ratios, including a PE ratio of 8.79, an EV to EBITDA of 6.93, and a Price to Book Value of 3.24. These figures suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Supertech EV's valuation appears less attractive. For instance, Bajaj Auto, which is rated as attractive, has a significantly higher PE ratio of 31.77, while Eicher Motors is categorized as very expensive with a PE ratio of 39.71. This disparity highlights that Supertech EV is not only overvalued relative to its own historical performance but also when compared to its industry peers. Additionally, the recent stock performance shows a decline of 14.63% over the past month, contrasting with the Sensex's positive return of 0.77%, further reinforcing the notion that Supertech EV is currently overvalued.