Is Wipro overvalued or undervalued?

As of 12 September 2025, Wipro's valuation grade has moved from attractive to very attractive. The company is currently considered undervalued. Key ratios include a PE ratio of 19.63, an EV to EBITDA of 12.86, and a PEG ratio of 0.97, indicating that the stock is priced favorably relative to its earnings growth potential. In comparison to peers, Wipro's PE ratio is significantly lower than TCS at 23.01 and Infosys at 23.24, both of which are rated as attractive and fair, respectively. Additionally, Wipro's EV to EBITDA ratio of 12.86 is more favorable than HCL Technologies' 14.59. Despite a challenging year-to-date return of -16.59%, Wipro's strong ROCE of 31.24% and a solid dividend yield of 4.36% suggest robust operational efficiency and shareholder returns, reinforcing its undervalued status in the current market.