Is Infibeam Avenues overvalued or undervalued?

As of 17 November 2025, the valuation grade for Infibeam Avenues has moved from very attractive to attractive. The company is currently assessed as overvalued based on its financial ratios and peer comparisons. Key ratios include a PE Ratio of 23.11, an EV to EBITDA of 14.56, and a Price to Book Value of 1.31, which are relatively high compared to its peers.
In comparison, TCS has a PE Ratio of 22.32 and an EV to EBITDA of 15.69, while Infosys shows a PE Ratio of 22.23 and an EV to EBITDA of 14.57, indicating that Infibeam Avenues is priced higher than these established companies in the fintech sector. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -25%, contrasting sharply with the Sensex's gain of 8.72%. This further supports the conclusion that Infibeam Avenues is currently overvalued.