Is Ganges Securitie overvalued or undervalued?

As of 14 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 Price to Earnings (PE) ratio of 27.38, an EV to EBITDA ratio of 20.75, and a Price to Book Value of 0.23.
In comparison to its peers, Ganges Securitie's PE ratio is lower than Bajaj Finance's 34.62 and Bajaj Finserv's 34.07, both of which are considered very expensive. On the other hand, it is more expensive than Life Insurance, which has a PE ratio of 11.25 and is rated very attractive. Despite a challenging year-to-date return of -24.32% compared to the Sensex's 8.22%, Ganges Securitie's long-term performance over five years shows a robust return of 267.19%, suggesting potential for future growth.