Is Darjeeling Ropew overvalued or undervalued?

As of 19 September 2025, the valuation grade for Darjeeling Ropew has moved from very expensive to risky. The company appears to be overvalued based on its current metrics. Key ratios include a PE ratio of 18.91, a Price to Book Value of 3.96, and a ROCE of 6.53%.
In comparison to its peers, Darjeeling Ropew's valuation is notably less favorable; for instance, Bajaj Finance has a PE ratio of 35.51 and Life Insurance boasts a PE of 11.64, indicating that Darjeeling is trading at a premium despite its lower performance metrics. Additionally, the company's recent stock performance has significantly outpaced the Sensex, with a year-to-date return of 53.69% compared to the Sensex's 5.74%, which may suggest speculative interest rather than intrinsic value.