Is Ind Bank Housing overvalued or undervalued?

As of 10 October 2025, the valuation grade for Ind Bank Housing has moved from risky to attractive, indicating a significant improvement in its perceived value. The company appears to be undervalued given its current metrics, particularly with a PE ratio of -40.94 and an EV to EBITDA ratio of -166.23. In comparison, peers such as LIC Housing Finance, which is rated attractive, has a PE ratio of 5.68, while HUDCO is considered very expensive with a PE of 16.77.
Despite the negative ratios, the shift in valuation grade suggests that the market may be starting to recognize potential upside. Notably, Ind Bank Housing has outperformed the Sensex in the short term, with a 1-week return of 2.35% compared to the Sensex's 1.59%. Overall, the combination of the grade change and relative performance indicates that Ind Bank Housing is currently undervalued in the housing finance sector.