Is GIC Housing Fin overvalued or undervalued?

As of 7 November 2025, GIC Housing Finance has moved from a very attractive to an attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 6.76, a Price to Book Value of 0.47, and an EV to EBITDA ratio of 11.16. In comparison to peers, LIC Housing Finance is very attractive with a PE ratio of 5.69, while HUDCO is very expensive with a PE ratio of 16.55, highlighting GIC's relative valuation advantage in the housing finance sector.
Despite its attractive valuation, GIC Housing Finance has underperformed against the Sensex, with a year-to-date return of -15.54% compared to the Sensex's 6.50%. This underperformance may reflect broader market trends or investor sentiment, but the company's strong ratios suggest it may be a compelling investment opportunity for those looking for value in the housing finance space.