Is NCL Res. & Finl. overvalued or undervalued?

As of 14 November 2025, NCL Res. & Finl. has moved from an attractive to a very attractive valuation grade. The company is currently undervalued, with a PE ratio of 23.03, a Price to Book Value of 0.51, and an EV to EBITDA of 16.87. These ratios indicate that the stock is trading at a significant discount relative to its intrinsic value.
In comparison to its peers, NCL Res. & Finl. stands out favorably against Bajaj Finance, which has a PE ratio of 34.62, and Bajaj Finserv, with a PE ratio of 34.07, both categorized as very expensive. Additionally, Life Insurance, which is also very attractive, has a much lower PE ratio of 11.25, highlighting NCL's competitive positioning within the industry. Although the company has faced challenges recently, with a YTD return of -32.50% compared to the Sensex's 8.22%, its long-term performance has been impressive, with a 5-year return of 881.82%.