Is D P Wires overvalued or undervalued?

As of 7 November 2025, D P Wires has moved from a fair to an expensive valuation grade. The company is currently considered overvalued based on its financial metrics. The PE ratio stands at 18.88, while the EV to EBITDA ratio is 18.69, and the ROE is at 7.50%.
In comparison to its peers, D P Wires' valuation appears high, especially when compared to Tata Steel, which has a PE ratio of 46.67 and is rated as fair, and Jindal Steel, which is also expensive with a PE of 27.5. Furthermore, the company's recent performance has been underwhelming, with a year-to-date return of -31.44%, significantly lagging behind the Sensex's 6.50% gain.