Is R R Kabel overvalued or undervalued?

As of 19 November 2025, R R Kabel's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued, with a PE ratio of 38.18, an EV to EBITDA of 25.34, and a PEG ratio of 0.72. In comparison to its peers, Polycab India is deemed very expensive with a PE of 46.93, while Havells India is also fairly valued with a significantly higher PE of 61.8.
Despite being fairly valued, R R Kabel has underperformed against the Sensex over the past year, with a stock return of -11.49% compared to the Sensex's return of 9.81%. This performance, along with the current valuation metrics, suggests that while the company is not undervalued, it may face challenges in regaining momentum in the market.