Is Laxmi India Fin. overvalued or undervalued?

As of 7 November 2025, Laxmi India Fin. has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its key financial ratios, including a PE ratio of 20.86, an EV to EBITDA ratio of 35.03, and a ROE of 13.98%. In comparison to its peers, Bajaj Finance is considered very expensive with a PE ratio of 38.09, while Life Insurance stands out as very attractive with a PE of 11.44.
Given the current market conditions, Laxmi India Fin. appears to be fairly valued, especially when considering its performance relative to the Sensex, where it has underperformed over the past week with a return of -5.37% compared to the Sensex's -0.86%. The valuation metrics suggest that while the company is not undervalued, it is also not overvalued relative to its peers in the non-banking financial company sector.