Is Palash Securi. overvalued or undervalued?

As of 19 September 2025, the valuation grade for Palash Securi. has moved from very expensive to risky, indicating a significant shift in its perceived value. The company appears to be undervalued, particularly when considering its low Price to Book Value of 0.20 and a negative PE Ratio of -9.99. Additionally, the EV to EBITDA ratio stands at -9.29, which further emphasizes the company's challenging financial position.
When comparing Palash Securi. to its peers, it is evident that it is positioned unfavorably against companies like Bajaj Finance, which has a PE Ratio of 35.51, and Life Insurance, with a PE Ratio of 11.64. This stark contrast highlights the potential for undervaluation in Palash Securi., especially given its recent stock performance, which has lagged behind the Sensex over the year, with a return of -15.91% compared to the Sensex's -0.67%.