Is DCG Cables overvalued or undervalued?

As of 16 July 2025, the valuation grade for DCG Cables has moved from very attractive to attractive. The company is currently fairly valued. Key ratios include a PE ratio of 16.41, an EV to EBITDA of 9.56, and a ROCE of 13.91%. In comparison to peers, DCG Cables has a significantly lower PE ratio than Polycab India at 51.72 and Havells India at 64.97, both of which are considered very expensive.
Despite the recent stock performance showing a 10.57% return over the past week, the year-to-date return is down by 37.5%, indicating a challenging market environment. Overall, the valuation suggests that DCG Cables is positioned reasonably against its peers, reflecting a stable outlook in the current market context.