Is Anupam Finserv overvalued or undervalued?

As of 13 November 2025, Anupam Finserv's valuation grade has moved from very expensive to expensive, indicating a slight improvement in its valuation perspective. The company is currently considered overvalued. Key ratios include a PE ratio of 33.11, an EV to EBITDA of 21.76, and a Price to Book Value of 1.64, which reflect a premium compared to its peers.
In comparison to its industry, Bajaj Finance has a PE ratio of 34.18, while Bajaj Finserv stands at 33.91, both of which are higher than Anupam Finserv's PE ratio. Additionally, Life Insurance, which is classified as very attractive, shows a significantly lower PE ratio of 11.18, highlighting the relative overvaluation of Anupam Finserv. Notably, the stock has outperformed the Sensex with a year-to-date return of 22.39% compared to the Sensex's 8.11%, which may suggest investor optimism despite the valuation concerns.