Is GIC Housing Fin overvalued or undervalued?

As of 19 May 2025, the valuation grade for GIC Housing Finance has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently undervalued, especially when compared to its peers. Key ratios include a PE ratio of 6.24, a Price to Book Value of 0.54, and an EV to EBITDA of 10.50, all of which suggest that the stock is trading at a discount relative to its earnings and assets.
In comparison to its peers, GIC Housing Finance stands out with a much lower PE ratio than HUDCO, which has a PE of 18.19, and is also more attractive than LIC Housing Finance, which has a PE of 6.21. The PEG ratio of GIC at 0.54 further emphasizes its undervaluation, especially when compared to PNB Housing's PEG of 0.53. Notably, GIC Housing Finance has outperformed the Sensex in the short term, with a 1-week return of 3.94% compared to the Sensex's 1.41%, reinforcing the narrative of its attractive valuation.