Is Tata Comm overvalued or undervalued?

As of 7 November 2025, the valuation grade for Tata Communications has moved from attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 50.66, an EV to EBITDA of 26.04, and a ROE of 3.66%.
In comparison to its peers, Bharti Airtel has a PE ratio of 36.25 and an EV to EBITDA of 13.68, indicating that Tata Comm is trading at a premium relative to this competitor. Bharti Hexacom is considered very expensive with a PE ratio of 54.72, which suggests that while Tata Comm is not the cheapest option, it is also not the most expensive in its peer group. The recent stock performance shows that Tata Comm has outperformed the Sensex on a year-to-date basis, returning 8.88% compared to the Sensex's 6.50%.