Is TTI Enterprise overvalued or undervalued?

As of 17 October 2025, TTI Enterprise's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company appears to be overvalued, given its PE ratio of 28.01 and an EV to EBIT ratio of 21.48, which are relatively high compared to peers. Notably, Bajaj Finance, categorized as very expensive, has a PE ratio of 38.21, while Life Insurance, deemed very attractive, has a significantly lower PE of 11.49.
In addition to the headline ratios, TTI Enterprise's ROCE stands at 8.84% and ROE at 2.78%, which further suggests that the company's returns may not justify its current valuation. The stock has underperformed against the Sensex, with a year-to-date return of -29.25% compared to the Sensex's 7.44%, reinforcing the view that TTI Enterprise is overvalued in the current market context.