Not necessarily. The DVD has a PCM and a DD soundtrack. When you extract a WAV from an AC3 file, the resulting PCM file is not identical to the PCM file already on the DVD.
DVD ---> PCM = pure uncompressed
DVD ---> AC3 ---> PCM = a truncated PCM file from the AC3 file, which uses lossy compression.
Just compare the file sizes and you'll see. There are some DVDs, like Young Guns, where the PCM soundtrack actually has better depth and "surroundness" than the AC3 soundtrack.