Is Manipal Fin. Cor overvalued or undervalued?

As of 17 October 2025, the valuation grade for Manipal Financial Corporation has moved from risky to attractive, indicating a significant improvement in its perceived investment quality. The company is currently considered undervalued, particularly in light of its negative PE ratio of -32.23 and EV to EBITDA ratio of -12.26, which suggest that the market may not be fully recognizing its potential. Additionally, the PEG ratio stands at 0.00, further emphasizing the company's attractive valuation compared to its growth prospects.
In comparison to its peers, Manipal Financial Corporation's valuation metrics stand out. For instance, Bajaj Finance is classified as very expensive with a PE ratio of 38.21, while Life Insurance is deemed very attractive with a PE of 11.49. This stark contrast highlights that Manipal Financial Corporation is trading at a significantly lower valuation relative to its peers, reinforcing the notion that it is undervalued. Despite recent stock performance lagging behind the Sensex over the past month, the company's strong year-to-date return of 39.86% suggests that it may be on a recovery path, making it an appealing investment opportunity.