Is Ganges Securitie overvalued or undervalued?

As of 12 November 2025, Ganges Securitie's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 27.40, an EV to EBITDA of 20.77, and a Price to Book Value of 0.23. These ratios suggest that while the company is not undervalued, it is also not excessively priced compared to its earnings and book value.
In comparison to its peers, Ganges Securitie's valuation stands out against Bajaj Finance, which is considered very expensive with a PE ratio of 34.41, and Life Insurance, which is very attractive with a PE of 11.14. This peer comparison highlights Ganges Securitie's relatively stable valuation amidst a diverse competitive landscape. Notably, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -24.27% compared to the Sensex's 8.10%, reinforcing the notion that while the stock is fairly valued, it may be facing challenges in market sentiment.