Is D P Wires overvalued or undervalued?

As of 14 August 2025, the valuation grade for D P Wires has moved from attractive to very attractive. The company is currently assessed as undervalued. Key ratios indicate a PE ratio of 17.41, an EV to EBITDA of 17.31, and a Price to Book Value of 1.30, which suggest a favorable valuation compared to its peers.
In comparison, JSW Steel, which is rated fair, has a significantly higher PE ratio of 49.93, while Tata Steel, rated attractive, has a PE ratio of 39.95. This highlights D P Wires' competitive positioning within the industry. Despite a challenging performance against the Sensex, with a year-to-date return of -36.79% compared to the Sensex's 3.15%, the underlying valuation metrics suggest that the stock is currently undervalued relative to its peers.