Is New India Assura overvalued or undervalued?

As of 13 November 2025, the valuation grade for New India Assura has moved from fair to very expensive, indicating a significant shift in its market perception. The company is currently assessed as overvalued. Key ratios include a PE Ratio of 25.33, an EV to EBIT of 14.80, and a PEG Ratio of 2.72, all of which suggest that the stock is trading at a premium compared to its earnings growth potential.
In comparison to its peers, New India Assura's PE Ratio of 25.33 is notably higher than Life Insurance's attractive PE of 11.18, while Bajaj Finance, also categorized as very expensive, has a PE of 34.18. This indicates that New India Assura is priced significantly higher relative to its earnings than some of its competitors. Additionally, the company's recent stock performance shows a year-to-date decline of 8.41%, contrasting with the Sensex's gain of 8.11%, further reinforcing the notion that the stock may be overvalued in the current market environment.