
Is DLF the Best Stock in Its Sector? A Look at the Numbers
DLF CMP Rs 670 (16 Oct 2026). Market cap Rs 1,65,747 Cr. ROE 9.71%. P/E 37.28x versus Industry P/E 31.94x.
Updated: 16 Oct 2026 • 1:06 pm
Posted by:

Quick Answer
DLF is one of the names investors compare when screening the Realty sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.
Is DLF the best stock in its sector? The stock trades on the NSE at Rs 670 as of 16 October 2026, within its 52-week range of Rs 489.40 to Rs 786.50. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
Click Here – Get Free Investment Predictions
About DLF
DLF Ltd is one of the largest listed real estate developers in India, headquartered in Gurugram. It develops premium residential projects and also holds a large portfolio of rental offices and retail assets, which provide a steady income stream alongside project sales. At a market capitalisation of Rs 1,65,747 Cr, it is tracked as part of the Realty sector on Univest.
Is DLF the Best Stock in Its Sector?
DLF's case in the sector rests on return quality rather than cheap valuation, since the stock trades at a premium to its Industry P/E. DLF's 37.28x P/E is above the 31.94x Industry P/E, Oberoi Realty at 23.53x and Godrej Properties at 30.60x, while its 9.71% ROE is lower than Oberoi Realty at 13.99%, though higher than Godrej Properties at 9.66%, and its debt to equity ratio of 0.01 is below Oberoi Realty at 0.16 and Godrej Properties at 0.83.
| Metric | DLF |
|---|---|
| CMP (NSE) | Rs 670.50 |
| 52-Week High / Low | Rs 786.50 / Rs 489.40 |
| Market Cap | Rs 1,65,747 Cr |
| P/E (TTM) vs Industry P/E | 37.28x vs 31.94x |
| P/B | 3.64 |
| ROE | 9.71% |
| EPS (TTM) | Rs 17.96 |
| Dividend Yield | 1.19% |
| Debt to Equity | 0.01 |
Compare DLF Against Other Realty Sector Stocks
How DLF Compares Against Its Realty Sector Peers
The table below sets DLF against 2 other Realty sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| DLF | 1,65,747 | 37.28 | 9.71% | 0.01 |
| Oberoi Realty | 61,867 | 23.53 | 13.99% | 0.16 |
| Godrej Properties | 48,699 | 30.60 | 9.66% | 0.83 |
| Peer average (2 companies) | - | 27.07 | 11.82% | 0.49 |
Measured against the peer averages, DLF's P/E is 38 percent above the 27.07x average, and its ROE is 2.11 percentage points below the 11.82% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.
What Makes DLF Worth Watching in Realty
- Scale: At Rs 1,65,747 Cr, its market capitalisation is larger than Oberoi Realty (Rs 61,867 Cr) and Godrej Properties (Rs 48,699 Cr), which is a useful reminder that the peers differ in size as well as in valuation.
- Sector drivers: Demand for premium housing, new launches in its land bank and growth in rental income from office and retail assets drive earnings.
- Key risk: The P/E is above its Industry P/E while return on equity is below 10 percent, and the property cycle remains sensitive to interest rates and buyer sentiment.
DLF Valuation: Is It Justified?
At a P/B ratio of 3.64, the market pays about Rs 3.64 for every rupee of book value, and the EPS (TTM) of Rs 17.96 is the earnings base behind the P/E. The stock trades about 15 percent below its 52-week high and about 37 percent above its 52-week low. The dividend yield of 1.19% is a modest income component, so returns depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Oracle Financial Services Software the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track DLF and other Realty sector stocks.
How to Track DLF Before You Invest
Before deciding whether DLF deserves its label as the best stock in its sector for your own portfolio, compare it directly against Realty sector peers using the steps below.
- Open the Univest Screener and search for DLF to view live price, valuation ratios, and peer comparisons within the Realty sector.
- Compare its P/E, P/B, and ROE against other Realty sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
DLF gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Realty depends on how much weight you give each of them and on how the business executes from here. Because the stock trades above its sector benchmark, execution matters more than usual if the current valuation is to hold. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is DLF the best stock in its sector?
Ans. There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. DLF has a 9.71% ROE and trades at 37.28x P/E against a 31.94x Industry P/E. Against the 2 peers compared in this article, its ROE is below the 11.82% peer average and its P/E is above the 27.07x peer average. Its debt to equity ratio of 0.01 is below the 0.49 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.
What is the current share price of DLF?
Ans. DLF was trading at Rs 670.50 on the NSE as of 16 October 2026, and its 52-week range runs from Rs 489.40 to Rs 786.50. That leaves the share price 15 percent short of the 52-week high and 37 percent clear of the 52-week low. Its market capitalisation is Rs 1,65,747 Cr and its EPS (TTM) is Rs 17.96, which is the earnings figure behind the 37.28x P/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.
What sector does DLF belong to?
Ans. DLF is classified under the Realty sector on Univest, and that group of listed companies is the reference point for the 31.94x Industry P/E used in this article. The 2 named peers compared here are Oberoi Realty and Godrej Properties, chosen as comparable listed names so that the P/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Realty sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.
How does DLF compare to its sector peers on P/E?
Ans. DLF's P/E of 37.28x is above the 27.07x average of the 2 named peers, with Oberoi Realty at 23.53x and Godrej Properties at 30.60x. It also sits above the 31.94x Industry P/E, which is the benchmark for the wider Realty sector. A P/E that is above a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P/B ratio of 3.64 gives one more view of how the market values its book value.
What is DLF's return on equity?
Ans. DLF reported a return on equity of 9.71%, which is below the 11.82% average of its named peers, with Oberoi Realty at 13.99% and Godrej Properties at 9.66%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.01 against a peer average of 0.49. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.
Should I invest in DLF based on its sector position?
Ans. Sector position is only one input into an investment decision. DLF has a 9.71% ROE and a 37.28x P/E, which make it worth researching further, and its dividend yield is 1.19%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.
Recent Articles

Is Gujarat Ambuja Exports the Best Stock in Its Sector? A Look at the Numbers
16 October 2026

Is Samvardhana Motherson International the Best Stock in Its Sector? A Look at the Numbers
16 October 2026

Is Nitta Gelatin India the Best Stock in Its Sector? A Look at the Numbers
16 October 2026

Is Fermenta Biotech the Best Stock in Its Sector? A Look at the Numbers
16 October 2026
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
Reviews
Recent Posts
Is Gujarat Ambuja Exports the Best Stock in Its Sector? A Look at the Numbers
Is Samvardhana Motherson International the Best Stock in Its Sector? A Look at the Numbers
Is Nitta Gelatin India the Best Stock in Its Sector? A Look at the Numbers
Is Fermenta Biotech the Best Stock in Its Sector? A Look at the Numbers
Is Kansai Nerolac Paints the Best Stock in Its Sector? A Look at the Numbers
Popular this week
Is WPIL the Best Stock in Its Sector? A Look at the Numbers

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited
Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003
Write to us : support@univest.in, compliance@univest.in
Verify on SEBI registry →RESEARCH ANALYST
Get SEBI Registered
advice on the stocks
trending today.
Get 3 FREE Trade Ideas
for Startups Accelerator 2024
Trusted by 1Cr Indians
Awarded No.1 by Economic Times





