Is Indus Finance overvalued or undervalued?

As of 31 October 2025, the valuation grade for Indus Finance has moved from expensive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 26.58, an EV to EBITDA of 17.49, and a PEG ratio of 0.23, which indicates strong growth potential relative to its price.
In comparison to its peers, Indus Finance's valuation is more attractive than Bajaj Finance, which is rated very expensive with a PE ratio of 37.23, and Bajaj Finserv, also expensive at a PE of 35.03. Notably, Life Insurance is rated very attractive with a PE of 11.62, highlighting the competitive landscape within the Non-Banking Financial Company (NBFC) sector. Additionally, Indus Finance has outperformed the Sensex significantly over the past year, with a stock return of 98.00% compared to the Sensex's 5.73%, reinforcing its favorable valuation outlook.