Is Prithvi Exchange overvalued or undervalued?

As of 2 June 2025, the valuation grade for Prithvi Exchange has moved from fair to attractive, indicating a more favorable assessment of its value. The company is currently considered undervalued, supported by a PE ratio of 16.21, an EV to EBIT ratio of 10.45, and a robust ROCE of 44.72%. In comparison to peers, Prithvi Exchange's valuation stands out, especially against MMTC, which is rated as risky with a PE ratio of 119.39, and PTC India, which is very attractive with a PE of 9.02.
Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -36.13% compared to the Sensex's 5.64%, the underlying financial metrics suggest that Prithvi Exchange presents a compelling investment opportunity. The company's strong ROE of 16.09% further reinforces its potential for growth and value creation in the non-banking financial sector.