Is Jana Small Finan overvalued or undervalued?

As of 19 September 2025, the valuation grade for Jana Small Finan has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, with a PE Ratio of 11.23, a Price to Book Value of 1.19, and a PEG Ratio of 0.00. Notably, the Return on Equity stands at 10.58%, while the Net NPA to Book Value is at 6.42%, suggesting a reasonable risk profile.
In comparison to its peers, Jana Small Finan's valuation appears favorable. For instance, HDFC Bank and ICICI Bank are both classified as expensive, with PE Ratios of 21.42 and 20.48, respectively, while Bandhan Bank, another attractive peer, has a PE Ratio of 13.13. Despite recent stock performance trailing behind the Sensex over the past week and month, Jana Small Finan's year-to-date return of 16.92% outpaces the Sensex's 5.74%, reinforcing its undervalued status in the current market.