Is Alternative Investment Corp. overvalued or undervalued?

As of 5 October 2023, Alternative Investment Corp. moved from fair to attractive. The company is currently undervalued. Key ratios include a Price-to-Earnings (P/E) ratio of 15.2, a Price-to-Book (P/B) ratio of 1.8, and a Dividend Yield of 4.5%. When compared to peers, BlackRock has a P/E of 18.5 and a P/B of 2.1, while KKR shows a P/E of 16.0 and a P/B of 1.9, indicating that Alternative Investment Corp. is trading at a discount relative to these competitors.
Additionally, the stock has shown resilience, outperforming the Sensex over the past six months, which further supports the argument for its undervaluation.