Is Supertech EV overvalued or undervalued?

As of 24 October 2025, the valuation grade for Supertech EV has moved from fair to expensive. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 8.27, an EV to EBIT of 6.94, and an EV to EBITDA of 6.59, which suggest that the stock is priced higher relative to its earnings and cash flow compared to its peers.
In comparison to notable competitors, Bajaj Auto has a significantly higher PE ratio of 33.37, indicating a more favorable valuation, while Eicher Motors is categorized as very expensive with a PE of 38.77. The recent stock performance shows that Supertech EV has outperformed the Sensex over the past week with a return of 3.5% compared to the Sensex's 0.31%. However, the longer-term trend indicates a decline of 10.06% over the past month, reinforcing the view that the stock may be overvalued in the current market environment.