Is Haryana Capfin overvalued or undervalued?

As of 1 July 2025, Haryana Capfin's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 20.45, an EV to EBIT of 15.47, and a PEG ratio of 0.24, which suggests strong growth potential relative to its price.
In comparison to its peers, Life Insurance has a PE ratio of 12.71 and an EV to EBITDA of 10.03, while Bajaj Finance is marked as very expensive with a PE of 34.98. This highlights Haryana Capfin's relative attractiveness in the market. Additionally, despite a year-to-date return of -31.73%, the company has shown remarkable growth over the past three years with a return of 320.41%, outperforming the Sensex significantly during that period.