Is Wipro overvalued or undervalued?

As of 5 September 2025, Wipro's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered fairly valued. Key ratios include a PE Ratio of 19.03, an EV to EBITDA of 12.40, and a Dividend Yield of 4.50%.
In comparison to peers, Wipro's PE Ratio is lower than TCS at 22.38 and Infosys at 22.02, suggesting it may be undervalued relative to these competitors. However, its PEG Ratio of 0.94 indicates potential for growth relative to its price, which is favorable. Notably, Wipro has underperformed the Sensex over the past year, with a stock return of -7.11% compared to the Sensex's -1.81%, reinforcing the notion that the stock may be undervalued in the current market context.