Is Shardul Sec. overvalued or undervalued?

As of 12 September 2025, the valuation grade for Shardul Sec. has moved from risky to fair. The company is currently fairly valued despite its negative PE ratio of -42.62, an EV to EBITDA ratio of -449.70, and a Price to Book Value of 0.64. These ratios indicate significant challenges in profitability and valuation metrics, yet the overall assessment suggests that the stock is not overvalued at this time.
In comparison to peers, Shardul Sec. stands out with a PEG ratio of 0.00, while Bajaj Finance is classified as very expensive with a PE of 35.82, and Life Insurance is very attractive with a PE of 11.36. Despite recent underperformance, with a year-to-date return of -40.65% compared to the Sensex's 4.82%, the long-term performance of 452.16% over five years indicates potential for recovery.