Is Wipro overvalued or undervalued?

As of 18 July 2025, Wipro's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 20.78, an EV to EBITDA of 13.72, and a PEG ratio of 1.03.
In comparison to peers, TCS has a higher PE ratio of 23.42 and an EV to EBITDA of 16.52, while Infosys shows a PE of 24.67 and an EV to EBITDA of 16.07, both indicating that Wipro is lagging behind in terms of valuation attractiveness. Despite recent stock performance showing a 3.43% increase over the past week compared to a -0.90% decline in the Sensex, Wipro's year-to-date return of -11.62% suggests it may not be capturing investor interest as effectively as its peers.