Is Zee Learn overvalued or undervalued?

As of 14 November 2025, Zee Learn's valuation grade has moved from very attractive to attractive. The company is currently considered fairly valued. Key ratios include a PE ratio of 14.00, an EV to EBITDA of 5.83, and a ROCE of 12.22%. In comparison to its peers, Zee Learn's PE ratio is significantly lower than Veranda Learning's 37.96 and Shanti Education's 252.77, which are categorized as very expensive.
Despite the recent downgrade in valuation grade, Zee Learn's ratios suggest it remains a solid investment within its sector. However, the company's stock performance has lagged behind the Sensex, with a year-to-date return of -4.96% compared to the Sensex's 8.22%. This underperformance over various timeframes may indicate market concerns that could affect future valuations.