Is UTL Industries overvalued or undervalued?

As of 14 November 2025, UTL Industries has moved from a grade of "does not qualify" to "very expensive." The company is currently overvalued based on its high valuation metrics, including a PE ratio of 259.52, a Price to Book Value of 2.45, and an EV to EBIT of 10.43. These figures indicate that the stock is trading at a significant premium compared to its earnings and book value. In comparison to peers, UTL Industries' PE ratio is notably higher than that of Elitecon International, which stands at 309.88, and PTC India, which is valued attractively at 7.52. The high PEG ratio of 1.73 further suggests that the stock is not justified by its growth prospects. Additionally, the company's recent stock performance has outpaced the Sensex over the past week and month, but the longer-term returns indicate a decline, reinforcing the notion of overvaluation.