Is Shivansh Finserv overvalued or undervalued?

As of 10 November 2025, the valuation grade for Shivansh Finserv has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, supported by a PE ratio of 35.76, a price to book value of 0.69, and an EV to EBITDA ratio of -22.72. These figures suggest that the market may not fully recognize the company's potential.
In comparison to its peers, Shivansh Finserv's PE ratio is lower than Bajaj Finance's 38.76, which is classified as very expensive, while it is significantly higher than Life Insurance's attractive valuation with a PE of 11.14. Additionally, the company's return on equity (ROE) stands at 1.92%, which, while modest, reflects a potential for growth compared to the broader market. Notably, Shivansh Finserv has outperformed the Sensex over the past year with a return of 60.56% versus the Sensex's 5.09%, reinforcing the narrative of its undervaluation.