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 assessed as undervalued. Key ratios supporting this assessment include a PE Ratio of 19.16, an EV to EBITDA of 33.34, and a PEG Ratio of 0.12, which suggests that the stock is priced favorably relative to its growth potential.
In comparison to its peers, PC Jeweller's PE Ratio stands out against Titan Company, which has a PE of 90.51 and is rated fair, and Kalyan Jewellers, which is considered expensive with a PE of 85.22. Additionally, Senco Gold, another peer rated very attractive, has a significantly higher EV to EBITDA of 20.40. Notably, PC Jeweller has outperformed the Sensex over the past year with a return of 138.05% compared to the Sensex's 0.51%, reinforcing its undervalued status in the current market.