Is Key Corp overvalued or undervalued?

As of 23 October 2025, Key Corp's valuation grade has moved from very expensive to risky, indicating a significant shift in its perceived value. The company is currently assessed as overvalued, particularly highlighted by its negative PE ratio of -12.16 and an EV to EBITDA ratio of -11.97, which suggest that the market is pricing the stock unfavorably compared to its earnings potential. Additionally, the Price to Book Value stands at a mere 0.08, further emphasizing the disconnect between market price and intrinsic value.
In comparison to its peers, Key Corp's valuation metrics starkly contrast with those of Bajaj Finance, which has a PE ratio of 39.07, and Life Insurance, with a PE of 11.68. These comparisons reveal that Key Corp is not only underperforming but is also significantly mispriced relative to its industry counterparts. The company's recent stock performance has been notably poor, with a year-to-date return of -69.70%, which is substantially lower than the Sensex's gain of 8.21% in the same period, reinforcing the notion that Key Corp is currently overvalued.