Is International General Insurance Holdings Ltd. overvalued or undervalued?

As of 30 April 2025, the valuation grade for International General Insurance Holdings Ltd. has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, with a P/E ratio of 8, significantly lower than the industry average. The Price to Book Value stands at 1.60, while the EV to Sales ratio is 1.56, both of which suggest that the stock may be trading below its intrinsic value.
In comparison to peers, International General Insurance Holdings Ltd. has a P/E ratio of 8.22, while The RMR Group, Inc. is valued attractively with a P/E of 23.75. Notably, the company has a high dividend yield of 22.34% and a robust ROE of 19.17%, further supporting its undervalued status. Despite recent stock performance lagging behind the S&P 500 in the short term, its impressive long-term returns of 231.03% over five years reinforce the potential for future growth.