Is Haryana Capfin overvalued or undervalued?

As of 12 September 2025, the valuation grade for Haryana Capfin has moved from fair to attractive, indicating a more favorable assessment of its worth. The company is currently considered undervalued, particularly given its PE ratio of 18.71, a Price to Book Value of 0.30, and an EV to EBITDA of 14.15. These ratios suggest that the stock is trading at a discount compared to its earnings and book value.
In comparison to its peers, Haryana Capfin stands out with a significantly lower PE ratio than Bajaj Finance, which is rated as very expensive at 35.82, and Life Insurance, which is very attractive at 11.36. The PEG ratio of Haryana Capfin at 0.24 further supports its undervaluation compared to the industry. Despite recent underperformance relative to the Sensex, with a year-to-date return of -39.34% compared to the Sensex's 4.82%, the long-term performance over 5 years shows a remarkable return of 582.02%, reinforcing the potential for recovery and growth in the future.