Is Inani Securities overvalued or undervalued?

As of 10 November 2025, the valuation grade for Inani Securities has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 17.25, a Price to Book Value of 0.54, and an EV to EBIT of -0.06, indicating some challenges in profitability.
When compared to its peers, Inani Securities stands out with a PE ratio closely aligned with Bajaj Finance at 38.76, which is categorized as very expensive, while Life Insurance, deemed very attractive, has a PE ratio of 11.14. This suggests that Inani Securities is positioned more favorably in terms of valuation compared to some of its more expensive peers. Despite recent underperformance relative to the Sensex, with a YTD return of -22.77% compared to the Sensex's 6.91%, the current valuation metrics indicate that Inani Securities is fairly valued in the current market environment.