Is PC Jeweller overvalued or undervalued?

As of 7 July 2025, the valuation grade for PC Jeweller has moved from very attractive to fair. Based on the analysis, the company appears to be fairly valued at this time. Key ratios include a PE ratio of 21.21, an EV to EBITDA of 36.34, and a ROE of 9.33%.
In comparison with peers, Titan Company also holds a fair valuation with a significantly higher PE ratio of 97.58, while Kalyan Jewellers is deemed expensive with a PE of 84.3. Notably, PC Jeweller's PEG ratio of 0.13 suggests potential for growth relative to its price, which may indicate a more favorable investment opportunity compared to some of its peers. Additionally, PC Jeweller has outperformed the Sensex significantly over the past year, with a stock return of 266.41% compared to the Sensex's 4.31%, reinforcing its current valuation stance.