Is Key Corp overvalued or undervalued?

As of 10 October 2025, Key Corp's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its financial ratios, which include a PE Ratio of 17.37, an EV to EBITDA of 17.15, and a Price to Book Value of 0.97. Compared to peers, Key Corp's valuation appears more reasonable, especially when contrasted with Bajaj Finance, which is very expensive with a PE Ratio of 36.56, and Life Insurance, which is very attractive with a PE Ratio of 11.65.
Despite the fair valuation, Key Corp has underperformed significantly relative to the Sensex, with a year-to-date stock return of -64.31% compared to the Sensex's 5.58%. This substantial underperformance may suggest that the market is pricing in concerns that could affect future growth, but based on the current ratios, the company does not appear to be overvalued.