Is DCG Cables overvalued or undervalued?

As of 28 August 2025, the valuation grade for DCG Cables has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently assessed as undervalued, especially when compared to its peers. Key ratios include a PE Ratio of 15.68, an EV to EBITDA of 9.19, and a ROCE of 13.91%.
In comparison to its peers, DCG Cables stands out with a significantly lower PE Ratio than Polycab India at 48.19 and Havells India at 67.25, both of which are considered very expensive. Additionally, the PEG Ratio for DCG Cables is at 0.00, suggesting that it is undervalued relative to its growth prospects. Despite a challenging year with a stock return of -48.24%, which contrasts with a modest Sensex return of -2.20%, the fundamental metrics support a strong valuation case for DCG Cables.