Is DIC India overvalued or undervalued?

As of 1 October 2025, the valuation grade for DIC India has moved from expensive to fair, indicating a more favorable assessment of its current market position. The company is currently fairly valued. Key ratios include a PE ratio of 30.40, an EV to EBITDA of 13.23, and a Price to Book Value of 1.13, which suggest that while the company is not undervalued, it is also not excessively priced compared to its recent history.
In comparison to its peers, DIC India’s PE ratio is significantly lower than Solar Industries at 96.75 and Gujarat Fluoroch at 65.59, both of which are classified as very expensive. This positions DIC India more attractively within its industry. Additionally, while the company has underperformed the Sensex in the short term, its longer-term performance over three years shows a return of 32.39%, although it still lags behind the Sensex's 41.02% return during the same period.