Is Relicab Cable overvalued or undervalued?

As of 13 June 2025, the valuation grade for Relicab Cable has moved from expensive to very expensive. This suggests that the company is currently overvalued. Key ratios indicate a high valuation, with a PE ratio of 50.92, an EV to EBITDA of 23.87, and a PEG ratio of 4.61, all of which are significantly elevated compared to industry norms.
In comparison to its peers, Relicab Cable's valuation stands out as particularly high; for instance, Havells India has a PE of 65.55 and Polycab India has a PE of 44.91, both of which are also expensive but not as extreme as Relicab's. The return performance shows that while Relicab Cable has outperformed the Sensex over the past week and month, it has underperformed over the past year, indicating potential volatility in its stock price. Overall, the company appears to be overvalued based on its current financial metrics and peer comparisons.