Is PNB Housing overvalued or undervalued?

As of 7 November 2025, PNB Housing's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 10.89, an EV to EBITDA of 7.66, and a PEG ratio of 0.40. These metrics suggest that the stock is reasonably priced relative to its earnings and growth potential.
In comparison to its peers, PNB Housing's valuation stands out against HUDCO, which is considered very expensive with a PE ratio of 16.55, and LIC Housing Finance, which is very attractive with a PE of 5.69. This positions PNB Housing in a competitive light within the housing finance sector, especially given its low Price to Book Value of 0.13. While the stock has underperformed the Sensex over the past year, it has shown significant growth over three and five years, outperforming the index substantially during those periods.