Is Angel One overvalued or undervalued?

As of 17 October 2025, the valuation grade for Angel One has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 28.91, a Price to Book Value of 0.39, and an EV to EBITDA of -54.01, which suggests significant potential for growth despite current challenges.
In comparison with peers, Bajaj Finance is categorized as very expensive with a PE ratio of 38.21, while Life Insurance stands out as very attractive with a PE ratio of 11.49. This positions Angel One favorably within its industry, particularly given its attractive valuation amidst a backdrop of mixed performance against the Sensex, where it has outperformed in the short term with a 1-week return of 8.25% compared to the Sensex's 1.76%.