Is Beryl Securities overvalued or undervalued?

As of 28 May 2025, Beryl Securities has moved from an expensive to a very expensive valuation grade. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 13.10, an EV to EBIT of 13.84, and a ROCE of 3.83%.
In comparison to its peers, Beryl Securities' PE ratio is higher than Life Insurance, which stands at 12.54, and significantly lower than Bajaj Finance, which has a PE ratio of 35.01. This indicates that while Beryl Securities may appear more attractive than some peers, it is still overvalued relative to others in the industry. Notably, the company's stock has underperformed against the Sensex in the recent 1-month and year-to-date periods, with returns of -21.46% and -30.39%, respectively, reinforcing the overvaluation narrative.