Is D P Wires overvalued or undervalued?

As of 7 November 2025, the valuation grade for D P Wires has moved from fair to expensive, indicating a shift in perception regarding its market value. The company appears to be overvalued based on its current metrics, with a PE ratio of 18.88, an EV to EBITDA ratio of 18.69, and a ROE of 7.50%.
In comparison to its peers, D P Wires' valuation stands out as relatively high; for instance, JSW Steel has a PE of 46.73 and Tata Steel is at 46.67, both categorized as expensive, while Jindal Steel is also expensive with a PE of 27.5. Notably, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -31.44% compared to the Sensex's gain of 6.50%. Overall, D P Wires is assessed to be overvalued in the current market environment.