Is Digjam overvalued or undervalued?

As of 7 November 2025, Digjam's valuation grade has moved from does not qualify to expensive, indicating a significant shift in its market perception. The company is currently considered overvalued based on its high PE ratio of 86.98, an EV to EBITDA of 135.19, and a Price to Book Value of 2.07. These ratios are starkly higher than those of its peers, such as K P R Mill Ltd with a PE ratio of 43.65 and Trident, which has a PE of 32.8, both suggesting that Digjam's valuation is not justified relative to its industry.
In comparison to its peers, Digjam's PEG ratio of 0.38 is notably low, indicating potential growth, but the high valuation metrics overshadow this positive aspect. The company's recent stock performance has been poor, with a year-to-date decline of 25.31%, contrasting sharply with a 6.50% gain in the Sensex, further reinforcing the notion that Digjam is overvalued in the current market environment.