Is D P Wires overvalued or undervalued?

As of 7 November 2025, D P Wires has moved from a fair valuation to an expensive one. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 18.88, an EV to EBITDA of 18.69, and a ROCE of 8.34%. In comparison, peers such as JSW Steel have a significantly higher PE ratio of 46.73, while Tata Steel is rated as fair with a PE of 46.67, highlighting the relative overvaluation of D P Wires.
The company's recent stock performance has been notably poor, with a year-to-date return of -31.44%, contrasting sharply with the Sensex's positive return of 6.50% over the same period. This underperformance reinforces the notion that D P Wires is not only overvalued but also struggling in the current market environment.