Is Grovy India overvalued or undervalued?

As of 13 November 2025, Grovy India has moved from a very attractive to an attractive valuation grade. The company is currently assessed as undervalued. Key ratios include a PE ratio of 16.63, an EV to EBITDA of 20.82, and a PEG ratio of 0.04, indicating strong growth potential relative to its price. In comparison to its peers, Grovy India's PE ratio is significantly lower than Bajaj Finance, which stands at 34.18, and Life Insurance, which has a PE of 11.18, highlighting its relative value in the market. Despite a challenging year with a YTD return of -22.52% compared to the Sensex's 8.11%, Grovy India has shown resilience over a longer horizon, with a 5-year return of 397.14%. This suggests that while the company faces short-term pressures, its long-term growth potential remains strong.