Is Wipro overvalued or undervalued?

As of 12 September 2025, Wipro's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued based on its financial metrics. Wipro's PE ratio stands at 19.63, while its EV to EBITDA ratio is 12.86, and it boasts a PEG ratio of 0.97, suggesting that the stock is priced favorably relative to its growth potential. In comparison to its peers, Wipro's valuation appears more appealing; for instance, TCS has a PE ratio of 23.01 and an EV to EBITDA of 16.22, while Infosys has a PE ratio of 23.24 and an EV to EBITDA of 15.28. These comparisons highlight Wipro's relative attractiveness in the market. Despite a recent dip in stock performance year-to-date, where Wipro has returned -16.59% compared to the Sensex's 4.82%, its strong fundamentals and competitive positioning suggest that it is currently undervalued.