Is Palash Securi. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Palash Securities has moved from risky to very expensive. This indicates a significant shift in perception regarding the company's valuation. Based on the analysis, Palash Securities is considered overvalued. Key ratios highlight this concern, with a PE ratio of -10.06, an EV to EBITDA of -9.34, and a Price to Book Value of 0.21, all suggesting that the company's financial metrics are not aligned with its current market price.
In comparison to its peers, Palash Securities stands out unfavorably. For instance, Bajaj Finance has a PE ratio of 38.21, while Life Insurance shows a more attractive PE of 11.49. The stark contrast in these ratios underscores Palash's overvaluation relative to its industry. Additionally, the company's recent performance has lagged behind the Sensex, with a year-to-date return of -28.93% compared to the Sensex's 7.44%, further reinforcing the notion that the stock is not a favorable investment at its current price.