Is Haryana Capfin overvalued or undervalued?

As of 22 September 2025, Haryana Capfin's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key financial ratios include a PE ratio of 19.53, an EV to EBIT of 14.78, and a PEG ratio of 0.25, which suggest that while the company is not undervalued, it is also not significantly overvalued compared to its peers.
In comparison to its industry peers, Bajaj Finance is considered very expensive with a PE ratio of 35.96, while Life Insurance stands out as very attractive with a PE of 11.76. This positions Haryana Capfin in a relatively stable valuation range within the Non-Banking Financial Company (NBFC) sector. Notably, the stock has underperformed on a year-to-date basis, down 36.68%, while the Sensex has gained 5.15%, highlighting a potential opportunity for recovery in the long term.