Is Beryl Securities overvalued or undervalued?

As of 17 October 2025, Beryl Securities has moved from an expensive to a very expensive valuation grade. The company is currently overvalued, with a PE ratio of 36.32, an EV to EBIT ratio of 13.09, and a ROE of 3.41%. In comparison to its peers, Bajaj Finance has a higher PE ratio of 38.21, while Life Insurance stands out with a much lower PE ratio of 11.49, indicating a significant disparity in valuation within the sector. The stock has underperformed relative to the Sensex, with a year-to-date return of -34.38% compared to the Sensex's 7.44%. This trend reinforces the notion that Beryl Securities is overvalued, particularly given its high valuation ratios in a market where peers like Bajaj Finserv and Jio Financial are also categorized as very expensive.