Is Guj. State Fin. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Guj. State Fin. has moved from risky to attractive. The company is currently considered undervalued, as indicated by its significantly low PE ratio of -0.90, an EV to EBIT ratio of -227.24, and an EV to Sales ratio of -774.89. These figures suggest that the market may not be accurately reflecting the company's potential value.
In comparison to its peers, Guj. State Fin. stands out with its attractive valuation despite the negative ratios, especially when contrasted with Bajaj Finance, which is very expensive with a PE ratio of 38.21, and Life Insurance, which is very attractive with a PE ratio of 11.49. The recent stock performance of Guj. State Fin. has been poor, with a year-to-date return of -40.69%, compared to a 7.44% return for the Sensex, further reinforcing the notion that the company is undervalued in the current market environment.