Is DIC India overvalued or undervalued?

As of 13 October 2025, DIC India has moved from expensive to fair in its valuation grade. The company is currently fairly valued. Key ratios include a PE ratio of 31.28, an EV to EBITDA of 13.65, and a Price to Book Value of 1.16.
In comparison to its peers, DIC India's PE ratio is significantly lower than Solar Industries, which stands at 100.41, and Gujarat Fluoroch at 64.92, both classified as very expensive. Meanwhile, Godrej Industries, which is rated attractive, has a PE ratio of 34.97. Notably, DIC India's stock has underperformed relative to the Sensex, with a year-to-date return of -20.44% compared to the Sensex's 5.36%, reinforcing the notion that the stock may be undervalued in the current market context.