Is Zee Learn overvalued or undervalued?

As of 6 November 2025, the valuation grade for Zee Learn has moved from very attractive to attractive, indicating a shift in its perceived value. The company is currently assessed as undervalued, with a PE ratio of 14.25, an EV to EBITDA of 5.48, and a ROCE of 11.85%. In comparison, peers such as Veranda Learning, which is considered risky, has a significantly higher PE ratio of 43.11, while Shanti Education is categorized as very expensive with a PE ratio of 253.
Despite the recent decline in stock performance, with a year-to-date return of -3.26% compared to the Sensex's 6.62%, Zee Learn's valuation metrics suggest it remains a more attractive investment relative to its peers. The company's PEG ratio is notably low at 0.00, reinforcing its undervaluation status within the sector.