Is Addictive Learn overvalued or undervalued?

As of 26 August 2025, the valuation grade for Addictive Learn has moved from very attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 23.65, an EV to EBITDA of 10.38, and a PEG ratio of 0.48, which indicates a relatively low growth expectation compared to its earnings.
In comparison to its peers, Addictive Learn's PE ratio is significantly lower than Shanti Education's 257.41 and Lucent Industries' 1650, both of which are categorized as very expensive. On the other hand, Global Education and Zee Learn, which are rated attractive and very attractive respectively, have much lower PE ratios of 13.08 and 14.89. The recent stock performance shows that Addictive Learn has underperformed against the Sensex, with a year-to-date return of -60.06% compared to the Sensex's 4.51%.