Is Gowra Leasing overvalued or undervalued?

As of 21 July 2025, Gowra Leasing has moved from a fair to an expensive valuation grade. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE ratio of 13.78, an EV to EBITDA of 11.73, and a ROE of 29.91%.
In comparison to its peers, Bajaj Finance has a significantly higher PE ratio of 35.44, while Life Insurance shows a more favorable PE ratio of 12.15, indicating that Gowra Leasing's valuation is not competitive within its industry. Additionally, the company's recent stock performance has outpaced the Sensex, with a year-to-date return of 124.94% compared to the Sensex's 5.20%, which may suggest a speculative interest despite its overvaluation.