Is PC Jeweller overvalued or undervalued?

As of 18 July 2025, the valuation grade for PC Jeweller has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, particularly in comparison to its peers. Key ratios include a PE Ratio of 19.16, an EV to EBITDA of 33.34, and a PEG Ratio of 0.12, which suggests strong growth potential relative to its price.
In comparison with peers, PC Jeweller's PE Ratio of 19.16 is notably lower than Titan Company's PE of 90.51 and Kalyan Jewellers' PE of 85.22, highlighting its attractive valuation. Additionally, while Senco Gold is also rated very attractive, it has a higher PE of 37.86, further emphasizing PC Jeweller's relative undervaluation. The company's stock has outperformed the Sensex significantly over the past year, with a return of 138.05% compared to the Sensex's 0.51%, reinforcing the positive valuation outlook.