Is Alacrity Sec. overvalued or undervalued?

As of 4 November 2025, Alacrity Sec. has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 22.65, an EV to EBIT of 20.92, and a ROCE of 16.40%. In comparison to its peers, Bajaj Finance is very expensive with a PE ratio of 37.67, while Life Insurance is very attractive with a PE ratio of 11.76, indicating that Alacrity Sec. is positioned in a more moderate valuation range within the industry.
Despite a fair valuation, Alacrity Sec. has experienced significant stock declines over the past year, with a return of -66.77%, contrasting sharply with the Sensex's return of 5.94% in the same period. This underperformance may suggest that while the stock is fairly valued based on current ratios, market sentiment and broader economic factors could be weighing heavily on its price.