Is DCW overvalued or undervalued?

As of 18 September 2025, the valuation grade for DCW has moved from attractive to fair. The company is currently fairly valued, with a PE ratio of 62.93, an EV to EBITDA ratio of 11.90, and a PEG ratio of 0.40. In comparison to its peers, Godrej Industries is considered attractive with a PE ratio of 40.62, while Solar Industries is deemed very expensive at a PE of 104.86.
Despite the fair valuation, DCW's performance has lagged behind the Sensex, with a year-to-date return of -18.32% compared to the Sensex's 6.24%. This underperformance, along with its high PE ratio relative to peers, suggests that while the stock is fairly valued, it may not present an attractive investment opportunity at this time.