Is Zee Learn overvalued or undervalued?

As of 14 November 2025, the valuation grade for Zee Learn has moved from very attractive to attractive. The company is currently assessed as undervalued, given its PE ratio of 14.00, EV to EBITDA of 5.83, and ROCE of 12.22%. In comparison to peers, Zee Learn's PE ratio is significantly lower than Veranda Learning's 37.96 and Shanti Education's 252.77, which indicates a more favorable valuation relative to these competitors. Despite the recent stock performance lagging behind the Sensex, with a year-to-date return of -4.96% compared to the Sensex's 8.22%, the fundamental ratios suggest that Zee Learn presents a compelling investment opportunity. The company's Price to Book Value stands at 1.34, further supporting the notion of undervaluation in the current market context.