Is Dharni Capital overvalued or undervalued?

As of 24 October 2025, the valuation grade for Dharni Capital has moved from risky to very expensive. The company is considered overvalued based on its current financial metrics. Key ratios include a PE Ratio of 36.69, an EV to EBITDA of 32.03, and a PEG Ratio of 3.85, all of which are significantly higher than many of its peers. For instance, Bajaj Finance has a PE Ratio of 38.9, while Life Insurance boasts a much lower PE of 11.55, indicating a stark contrast in valuation.
In comparison to its peers, Dharni Capital's valuation appears excessive, particularly when juxtaposed with Bajaj Finserv's PE of 36.21 and Jio Financial's staggering PE of 120.87. The company's recent stock performance has outpaced the Sensex, with a year-to-date return of 27.75% compared to the Sensex's 7.77%. This strong performance may not be sustainable given the current valuation metrics, reinforcing the conclusion that Dharni Capital is overvalued.