Is Religare Enterp. overvalued or undervalued?

As of 7 July 2025, the valuation grade for Religare Enterprises has moved from expensive to fair. The company is currently fairly valued, with a PE ratio of 57.84, an EV to EBITDA of 21.31, and a PEG ratio of 0.48. In comparison to its peers, Life Insurance has a PE ratio of 12.35 and an EV to EBITDA of 9.72, while I R F C shows a PE of 27.85 and an EV to EBITDA of 21.74, indicating that Religare's valuation metrics are relatively high within its industry.
Despite the fair valuation, Religare has underperformed the Sensex over the past year, with a stock return of -9.95% compared to the Sensex's 4.31%. This underperformance may suggest that while the stock is fairly valued, market sentiment may be weighing it down. Overall, the analysis indicates that Religare Enterprises is fairly valued in the current market context.