Is My Mudra Fin. overvalued or undervalued?

As of 22 September 2025, the valuation grade for My Mudra Fin. has moved from very expensive to very attractive, indicating a significant improvement in its valuation outlook. The company is currently assessed as undervalued. Key ratios supporting this assessment include a PE ratio of 12.29, an EV to EBITDA of 7.40, and a ROCE of 32.61%, which are all favorable compared to its peers.
In comparison to notable competitors, Bajaj Finance is categorized as very expensive with a PE ratio of 35.96, while Life Insurance is very attractive with a PE ratio of 11.76. My Mudra Fin.'s PEG ratio stands at 0.00, suggesting strong growth potential relative to its price. Additionally, while the company's stock has experienced a decline of 14.04% over the past week, it has outperformed the Sensex with a year-to-date return of 24.31% compared to the Sensex's 6.59%.