Is GCM Commodity overvalued or undervalued?

As of 19 September 2025, the valuation grade for GCM Commodity has moved from very expensive to risky, indicating a significant shift in its perceived value. The company is currently considered undervalued based on its financial ratios, which include a PE ratio of -0.74, an EV to EBIT of 0.33, and an EV to EBITDA of 0.33. These figures suggest that the company is trading at a low valuation relative to its earnings potential, despite the negative ROE of -75.11%.
In comparison to its peers, GCM Commodity's valuation metrics stand out, particularly against Bajaj Finance, which has a PE ratio of 35.51, and Life Insurance, which boasts a PE of 11.64. This stark contrast highlights GCM's relative undervaluation in the market. Additionally, recent stock performance shows that GCM has underperformed against the Sensex, with a YTD return of -30.14% compared to the Sensex's 5.74%, reinforcing the notion that the stock may be undervalued relative to its peers and market expectations.