Is PDS overvalued or undervalued?

As of 19 November 2025, the valuation grade for PDS has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued, with a PE ratio of 51.22, an EV to EBITDA of 14.73, and a Price to Book Value of 3.26. In comparison to peers, K P R Mill Ltd is considered very expensive with a PE of 45.22, while Trident is rated attractive with a PE of 32.78.
PDS's financial metrics suggest that while it is not undervalued, it is also not significantly overvalued given its current market position. The company's recent stock performance has lagged behind the Sensex, particularly with a year-to-date return of -32.20% compared to the Sensex's 9.02%, reinforcing the notion that PDS may be experiencing challenges in the current market environment.