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DLFNSE:DLF +0.15%87 EV-to-EBITDA is 51.21 as of Aug. 15, 2026, which is 20% above its 10-year median of 42.79. GuruFocus rates NSE:DLF with a GF Score™ of 87/100 and a GF Value™ of ₹738.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,385 Real Estate companies, DLF ranks worse than 91.48% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, DLF's enterprise value is ₹1,598,008 Mil.
DLF's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹31,205 Mil. Therefore, DLF's EV-to-EBITDA for today is 51.21.
The historical rank and industry rank for DLF's EV-to-EBITDA or its related term are showing as below:
NSE:DLF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.89 Med: 42.79 Max: 103.21
Current: 51.21
During the past 13 years, the highest EV-to-EBITDA of DLF was 103.21. The lowest was 2.89. And the median was 42.79.
NSE:DLF's EV-to-EBITDA is ranked worse than 91.48% of 1385
companies
in the Real Estate industry
Industry Median: 12.25
vs NSE:DLF: 51.21
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-08-15), DLF's stock price is ₹665.00.
DLF's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹17.960. Therefore, DLF's PE Ratio (TTM) for today is 37.03.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
DLF's share price for today is ₹665.00.
DLF's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹17.960.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for DLF's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Real Estate - Development subindustry, DLF's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DLF EV-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, DLF's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where DLF's EV-to-EBITDA falls into.
DLF's current Enterprise Value is ₹1,598,008 Mil.
DLF's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹31,205 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DLF (NSE:DLF) has a EV-to-EBITDA of 51.21 as of Aug. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on DLF. This is 20% above median its historical median of 42.79. Over the past decade, DLF's EV-to-EBITDA has ranged from 2.89 to 103.21. According to the industry distribution chart, DLF ranks #1267 out of 1385 companies in the Real Estate industry, placing it in the top 91.5%.
Is DLF's EV-to-EBITDA too high?
DLF's current EV-to-EBITDA of 51.21 is 20% above median its 10-year median of 42.79. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 103.21. The Real Estate industry median EV-to-EBITDA is 12.25. DLF's value of 51.21 is 318% above this industry median. Based on the distribution chart, DLF ranks #1267 out of 1385 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, DLF has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DLF's EV-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, DLF ranks #1267 out of 1385 companies for EV-to-EBITDA. This places DLF in the lower half of its industry. The industry median EV-to-EBITDA is 12.25. DLF's value of 51.21 is 318% above this benchmark. Historically, DLF's own EV-to-EBITDA has ranged from 2.89 to 103.21 over the past decade. While the company's 10-year median is 42.79 vs. the industry median of 12.25, DLF has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.25, based on 1,385 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DLF's current EV-to-EBITDA of 51.21 is 318% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on DLF. For the Real Estate industry, the median EV-to-EBITDA is 12.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLF's current EV-to-EBITDA is 51.21, which is 20% above median its own 10-year median of 42.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLF stock overvalued right now?
Based on GuruFocus' analysis, DLF (NSE:DLF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹738.61, compared to a current price of ₹665.00 — trading 10% below its estimated fair value. The current EV-to-EBITDA is 51.21, which is 20% above median its 10-year median of 42.79 and 318% above the Real Estate industry median of 12.25. DLF's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For DLF (NSE:DLF), the current EV-to-EBITDA is 51.21 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is DLF (NSE:DLF) Overvalued in 2026?
Based on GuruFocus' analysis, DLF stock appears to be undervalued.
The current stock price of ₹665.00 is trading 10% below its estimated GF Value™ of ₹738.61.
GuruFocus considers DLF to be Modestly Undervalued.
Key valuation signals for NSE:DLF:
EV-to-EBITDA: 51.21 (20% above median its 10-year median of 42.79)
GF Value™: ₹738.61 vs. price of ₹665.00 (10% below fair value)
Industry Position: 318% above the Real Estate median (#1267 of 1385)
No single metric tells the full story. See the NSE:DLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DLF Ltd is a general real estate company. The company's development business majorly focuses on developing and selling residential real estate. This includes plotted developments, houses, villas, and apartments of varying sizes and integrated townships, with a focus on high-end, luxury residential developments. DLF's business also consists of commercial and shopping complexes. The company considers merger and acquisition investment as a potential component of its operational growth strategy.
87GF Score
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