Is Delton Cables overvalued or undervalued?

As of 14 November 2025, Delton Cables has moved from a fair to an attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 34.16, an EV to EBITDA of 13.65, and a PEG ratio of 0.45, indicating strong growth potential relative to its price.
In comparison to its peers, Delton Cables' valuation appears favorable, especially when contrasted with Polycab India, which has a PE ratio of 46.65, and Havells India, with a PE of 63.03. Notably, Delton Cables also boasts a robust ROE of 20.34% and a ROCE of 16.37%, further supporting its attractive valuation. Despite recent stock performance trailing the Sensex, particularly with a year-to-date return of -31.00% compared to the Sensex's 8.22%, the long-term growth trajectory remains compelling.