Is Haryana Capfin overvalued or undervalued?

As of 14 July 2025, Haryana Capfin's valuation grade has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company appears to be undervalued based on its current metrics. Key ratios include a PE ratio of 20.01, an EV to EBITDA of 15.13, and a PEG ratio of 0.24, which suggests strong growth potential relative to its price. In comparison to peers, Haryana Capfin's valuation stands out favorably against Life Insurance, which has a PE ratio of 11.99 and is rated fair, while Bajaj Finance is deemed very expensive with a PE of 34.32. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -33.21% compared to the Sensex's 5.27%, the long-term outlook remains promising, especially given the significant returns over the past three to five years.