Is Ind Bank Housing overvalued or undervalued?

As of 15 October 2025, the valuation grade for Ind Bank Housing has moved from attractive to risky, indicating a significant deterioration in its financial standing. The company appears to be overvalued given its troubling financial ratios, including a PE ratio of -167.39, an EV to EBIT of -21.90, and a Price to Book Value of -0.03. These figures suggest severe underlying issues, particularly with profitability and asset valuation.
In comparison to its peers, Ind Bank Housing's financial metrics starkly contrast with those of companies like LIC Housing Finance, which boasts a PE ratio of 5.7 and a more favorable EV to EBITDA of 11.19, and PNB Housing, which has a PE ratio of 10.85. The negative returns of Ind Bank Housing, particularly a YTD decline of 24.88% compared to a 5.72% gain in the Sensex, further reinforce the view that the stock is overvalued in its current state.