Is Flomic Global overvalued or undervalued?

As of 27 June 2025, the valuation grade for Flomic Global has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued. Key ratios include a PE ratio of 34.44, an EV to EBIT of 15.20, and a PEG ratio of 0.53, which suggest that the stock is trading at a premium compared to its earnings growth potential.
In comparison to peers, Flomic Global's PE ratio is notably higher than Life Insurance's fair valuation PE of 12.53 and Bajaj Finance's very expensive PE of 35.35. This indicates that while Flomic Global is positioned within a competitive landscape, it is significantly more expensive relative to its earnings than some of its peers. Additionally, the company's stock has underperformed against the Sensex over various time frames, including a year-to-date return of -3.73% compared to the Sensex's 7.58%, reinforcing the notion of overvaluation in light of its recent performance.