Is Zee Learn overvalued or undervalued?

As of 7 November 2025, the valuation grade for Zee Learn has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company appears to be undervalued based on its current metrics. Key ratios include a PE ratio of 14.43, an EV to EBITDA of 14.19, and a Price to Book Value of just 0.14, which suggests that the market may not fully recognize the company's potential.
In comparison to its peers, Zee Learn's valuation stands out as more favorable; for instance, Veranda Learning is considered risky with a PE ratio of 43.79, while Shanti Education is deemed very expensive with a PE ratio of 253. Despite recent underperformance relative to the Sensex, with a one-year return of -17.60% compared to the Sensex's 4.62%, the current valuation metrics suggest that Zee Learn presents a compelling investment opportunity in the context of its industry.