Is India Finsec overvalued or undervalued?

As of 14 November 2025, the valuation grade for India Finsec has moved from very expensive to expensive. The company is currently considered overvalued based on its high valuation ratios. The PE ratio stands at 37.66, while the EV to EBITDA ratio is 11.86, and the PEG ratio is 20.46, all of which are significantly higher than many of its peers.
In comparison, Bajaj Finance, another player in the non-banking financial company (NBFC) sector, has a PE ratio of 34.62, and Bajaj Finserv has a PE ratio of 34.07, both indicating that India Finsec's valuation is on the higher end. Additionally, Life Insurance, which is categorized as very attractive, shows a much lower PE ratio of 11.25, highlighting the disparity in valuation within the sector. Despite a strong historical performance, including a 315.82% return over three years, the current valuation metrics suggest that India Finsec is overvalued relative to its peers and the broader market.