Is General Insuranc overvalued or undervalued?

As of 4 February 2025, the valuation grade for General Insuranc has moved from fair to attractive, indicating a more favorable assessment of its value. The company is currently considered undervalued, with a PE ratio of 9.45, a Price to Book Value of 1.14, and an EV to EBIT of 4.79. These ratios suggest that the stock is trading at a lower valuation compared to its earnings and book value.
In comparison to peers, General Insuranc shows a PEG ratio of 0.85, which is lower than many competitors in the insurance industry, indicating potential for growth at a reasonable price. For instance, if we consider a peer like Company X with a PE ratio of 12.00, General Insuranc appears significantly undervalued. Additionally, the company's recent performance against the Sensex shows a 1-year return of 11.68%, outperforming the index's 7.59%, further reinforcing the attractiveness of its current valuation.