Is Ekam Leasing overvalued or undervalued?

As of 17 October 2025, the valuation grade for Ekam Leasing has moved from risky to expensive, indicating a shift in perception regarding its financial health. The company is currently deemed overvalued, with a PE ratio of -3.54, an EV to EBITDA of -5.41, and a Price to Book Value of 0.47. These ratios highlight significant concerns about profitability and valuation compared to its peers.
In comparison to industry 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 suggests that Ekam Leasing is not only overvalued but also struggling significantly in terms of financial performance. Furthermore, the company's stock has underperformed relative to the Sensex, with a year-to-date return of -32.32% compared to the Sensex's 7.44%, reinforcing the notion of overvaluation and potential investor caution.