Is Daulat Securitie overvalued or undervalued?

As of 19 September 2025, the valuation grade for Daulat Securitie has moved from very expensive to risky. The company is currently assessed as undervalued, given its negative PE ratio of -19.00, an EV to EBITDA of -13.49, and a price to book value of 0.82. These ratios indicate significant financial distress and a lack of profitability, which is further reflected in its ROCE of -6.32% and ROE of -3.56%.
In comparison to its peers, Daulat Securitie stands out with a much lower PE ratio than Bajaj Finance at 35.51 and Life Insurance at 11.64, both of which are categorized as very expensive and very attractive, respectively. The company's EV to EBITDA ratio is also significantly worse than the industry average, indicating a challenging operational environment. While the stock has underperformed the Sensex year-to-date with a return of -23.97% compared to the Sensex's 5.74%, its long-term performance shows a remarkable 1588.89% increase over five years, suggesting potential recovery if the company can stabilize its operations.