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 positive shift in its valuation outlook. The company is currently assessed as undervalued. 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 to its peers, PC Jeweller's valuation metrics stand out favorably; for instance, Titan Company has a PE ratio of 90.51, and Kalyan Jewellers is considered expensive with a PE of 85.22. This positions PC Jeweller as a compelling investment opportunity within the gems and jewellery sector. Additionally, 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 attractiveness of its current valuation.