Is Delta Industrial overvalued or undervalued?

As of 10 October 2025, Delta Industrial's valuation grade has moved from risky to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued based on its financial ratios. Key metrics include a PE ratio of 8.35, a Price to Book Value of 1.76, and a troubling ROCE of -2.34%.
In comparison to its peers, Delta's valuation stands out as expensive, especially when juxtaposed with Bajaj Finance, which has a PE ratio of 36.56, and Life Insurance, which boasts a PE of 11.65. Despite Delta's recent stock performance showing a 10.64% return over the past week compared to the Sensex's 1.59%, the overall valuation suggests that investors should approach with caution, as the company's fundamentals do not support its current price level.