Is Ashika Credit overvalued or undervalued?

As of 17 October 2025, the valuation grade for Ashika Credit has moved from risky to very expensive. Based on the analysis, the company is overvalued. Key ratios indicate significant concerns, with a PE ratio of -95.33, an EV to EBITDA of -106.42, and an EV to Sales ratio of 11.18.
In comparison to peers, Bajaj Finance has a PE ratio of 38.21 and an EV to EBITDA of 20.25, while Life Insurance shows a more attractive valuation with a PE of 11.49 and an EV to EBITDA of 8.94. The stark contrast in these ratios highlights Ashika Credit's overvaluation in the current market. Additionally, the company's stock has underperformed relative to the Sensex, particularly with a year-to-date return of -57.11% compared to the Sensex's 7.44%, reinforcing the conclusion of overvaluation.