Is Trans India overvalued or undervalued?

As of 18 July 2025, the valuation grade for Trans India has moved from expensive to very expensive. The company is currently overvalued, as indicated by its high PE ratio of 86.73, an EV to EBITDA of 61.12, and a Price to Book Value of 4.35. In comparison to peers, Redington, which is categorized as expensive, has a PE ratio of 21.99 and an EV to EBITDA of 12.68, while Tejas Networks, rated as attractive, has a PE ratio of 64.46 and an EV to EBITDA of 15.56.
The company's financial metrics suggest significant overvaluation, particularly when juxtaposed with its peers. Notably, Trans India's return performance has been poor recently, with a year-to-date decline of 43.38%, contrasting sharply with the Sensex's gain of 4.63% over the same period. This further reinforces the notion that the stock is not only overvalued but also underperforming in the market.