Is INDIA SHELTE FIN overvalued or undervalued?

As of 24 February 2025, the valuation grade for India Shelte Fin has moved from attractive to fair. The company is currently fairly valued. Key ratios include a PE ratio of 25.16, an EV to EBITDA of 16.72, and a PEG ratio of 0.49. In comparison, LIC Housing Finance Ltd., which is rated very attractive, has a significantly lower PE ratio of 6.21, while PNB Housing Finance Ltd. is also rated fair with a PE ratio of 14.83.
Despite the recent downgrade in valuation grade, India Shelte Fin has shown strong performance with a year-to-date return of 27.26%, significantly outpacing the Sensex's return of 5.54%. This performance, combined with its competitive ratios, suggests that while the stock is fairly valued, it may still present a solid investment opportunity relative to its peers.