Is Haryana Capfin overvalued or undervalued?

As of 20 June 2025, Haryana Capfin's valuation grade has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company appears to be undervalued based on its current metrics. Key ratios include a PE Ratio of 19.56, an EV to EBITDA of 14.79, and a PEG Ratio of 0.23, which suggests strong growth potential relative to its price.
In comparison to its peers, Haryana Capfin's PE Ratio is significantly lower than Bajaj Finance's 33.79 and Bajaj Finserv's 35.72, both classified as very expensive. Additionally, Life Insurance, which is rated fair, has a PE of 12.26, further highlighting Haryana Capfin's relative attractiveness. Despite recent stock performance trailing the Sensex, particularly with a YTD return of -34.71% compared to the Sensex's 5.46%, the underlying valuation metrics suggest that the stock is positioned for potential upside.