Is Delton Cables overvalued or undervalued?

As of 14 November 2025, Delton Cables has moved from a fair to an attractive valuation grade, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE Ratio of 34.16, an EV to EBITDA of 13.65, and a PEG Ratio of 0.45, which suggests that the stock is priced favorably relative to its growth prospects.
In comparison to its peers, Delton Cables stands out with a more attractive valuation than Polycab India, which has a PE of 46.65, and Havells India, with a PE of 63.03. Additionally, R R Kabel, also rated as attractive, has a PE of 38.24, further supporting the notion that Delton Cables is undervalued in its sector. Despite a recent decline in stock performance compared to the Sensex over the year, the long-term returns of 1151.64% over three years and 2303.97% over five years highlight the company's strong growth potential.