Is Greencrest Finan overvalued or undervalued?

As of 29 May 2025, Greencrest Finan has moved from a valuation grade of very expensive to very attractive. The company is currently considered undervalued based on its financial ratios, which include a PE ratio of 17.51, an EV to EBIT of 14.17, and an EV to Sales of 0.97. These figures suggest that the company's stock price does not reflect its underlying value when compared to its peers.
In comparison to its industry peers, Greencrest Finan's PE ratio of 17.51 is notably lower than Bajaj Finance's PE of 35.01 and Bajaj Finserv's PE of 35.83, both of which are categorized as very expensive. Additionally, its EV to EBITDA ratio of 14.15 is more favorable than Life Insurance's EV to EBITDA of 9.89, which is rated as fair. Despite recent underperformance against the Sensex, with a year-to-date return of -24.18% compared to the Sensex's 5.58%, the valuation metrics indicate that Greencrest Finan presents a compelling investment opportunity at its current price of 0.69.