Is Relicab Cable overvalued or undervalued?

As of 13 June 2025, the valuation grade for Relicab Cable has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE Ratio of 50.92, an EV to EBITDA of 23.87, and a PEG Ratio of 4.61, which suggest that the stock price is high relative to its earnings growth potential.
In comparison to its peers, Relicab Cable's valuation stands out as it has a higher PE Ratio than both Havells India at 65.55 and Polycab India at 44.91, both of which are also categorized as very expensive. The return of Relicab Cable has been notably strong over the past three years, with a return of 174.6%, significantly outperforming the Sensex's 53.50% during the same period, although its one-year return of -6.85% indicates recent struggles. Overall, the current valuation suggests that Relicab Cable is overvalued in the market.