Is Reliable Data overvalued or undervalued?

As of 17 November 2025, the valuation grade for Reliable Data has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios supporting this conclusion include a PE ratio of 12.92, an EV to EBITDA of 8.28, and a PEG ratio of 0.09, all of which are significantly lower than its peers.
In comparison, TCS has a PE ratio of 22.32 and an EV to EBITDA of 15.69, while Infosys shows a PE of 22.23 and an EV to EBITDA of 14.57. These comparisons highlight Reliable Data's favorable valuation metrics relative to its peers in the Non-Banking Financial Company sector. Additionally, the company's strong return of 109.6% year-to-date compared to the Sensex's 8.72% reinforces the notion that Reliable Data is positioned well in the market.