Is DHP India overvalued or undervalued?

As of 12 November 2025, the valuation grade for DHP India has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios supporting this assessment include a PE ratio of 2.44, a Price to Book Value of 0.72, and an EV to EBITDA of -1.25, all of which suggest that the stock is trading at a substantial discount relative to its earnings and book value.
In comparison to its peers, DHP India stands out with a much lower PE ratio than LG Electronics at 51.00 and Whirlpool India at 46.15, both of which are classified as fair. Additionally, DHP India's PEG ratio is 0.00, indicating no growth expectations priced into the stock, which contrasts sharply with peers like Eureka Forbes, which has a PEG of 1.45. Despite recent underperformance against the Sensex over the past month, the long-term perspective shows a robust 5-year return of 57.67%, suggesting potential for recovery and growth.