Is Ultra Wiring overvalued or undervalued?

As of 18 November 2025, Ultra Wiring's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued, especially when considering its key ratios, which include a PE ratio of 21.00, an EV to EBITDA of 11.19, and a PEG ratio of 0.48. These figures suggest that Ultra Wiring is trading at a favorable valuation compared to its earnings growth potential.
In comparison to its peers, Ultra Wiring stands out as a more attractive investment. For instance, Kaynes Tech has a PE ratio of 104.4 and an EV to EBITDA of 75.28, while Honeywell Auto shows a PE of 59.75 and an EV to EBITDA of 47.72, both categorizing them as very expensive. This stark contrast highlights Ultra Wiring's relative undervaluation in the industrial manufacturing sector. Additionally, the company's recent stock performance has outpaced the Sensex, with a 1-year return of 35.33% compared to the Sensex's 10.47%, further reinforcing the positive valuation outlook.