Is Wipro overvalued or undervalued?

As of 1 October 2025, the valuation grade for Wipro has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE Ratio of 18.77, an EV to EBITDA of 12.21, and a PEG Ratio of 0.93, which suggests that the stock is trading at a lower valuation compared to its growth potential.
In comparison to its peers, Wipro's PE Ratio is significantly lower than TCS at 21.4 and Infosys at 22.03, both of which are rated as attractive and fair, respectively. Additionally, Wipro's EV to EBITDA ratio of 12.21 is more favorable than TCS's 15.05 and Infosys's 14.44, reinforcing its undervalued status. Despite recent underperformance against the Sensex, with a year-to-date return of -20.20% compared to the Sensex's 3.64%, Wipro's strong fundamentals suggest that it may present a compelling investment opportunity.