Is Gogia Capital overvalued or undervalued?

As of 10 October 2025, Gogia Capital's valuation grade has moved from risky to very expensive, indicating a significant deterioration in its perceived value. The company is currently overvalued based on its key financial ratios, including a PE ratio of -58.25, an EV to EBITDA of -7.84, and a Price to Book Value of 2.03. These figures suggest that the market is pricing Gogia Capital at a premium compared to its earnings and cash flow generation capabilities.
In comparison to its peers, Gogia Capital's valuation stands out unfavorably. For instance, Bajaj Finance has a PE ratio of 36.56, while Life Insurance boasts a much more attractive EV to EBITDA of 9.08. Furthermore, Gogia Capital's negative return on equity (ROE) of -3.21% and return on capital employed (ROCE) of -22.34% further emphasize its struggles relative to the industry. Despite a strong one-year stock return of 41.10%, the overall trend shows underperformance against the Sensex, particularly in the longer term, reinforcing the conclusion that Gogia Capital is overvalued in the current market environment.