Is Dhampur Sugar overvalued or undervalued?

As of 5 September 2025, Dhampur Sugar's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered fairly valued. Key ratios include a PE ratio of 17.52, an EV to EBITDA of 10.23, and a Price to Book Value of 0.78, which suggest a moderate valuation compared to its peers.
In comparison to its industry peers, Dhampur Sugar's PE ratio is significantly lower than EID Parry's 25.39 and Balrampur Chini's 26.53, both of which are classified as very expensive and fair, respectively. This positions Dhampur Sugar favorably within the market, although its recent stock performance has lagged behind the Sensex, with a year-to-date decline of 14.55% compared to the Sensex's gain of 3.29%. Overall, while the company is fairly valued, its recent underperformance may warrant caution for potential investors.