Is Jindal Capital overvalued or undervalued?

As of 9 October 2025, Jindal Capital's valuation grade has moved from very expensive to expensive. The company is currently considered overvalued based on its financial ratios and peer comparisons. The PE ratio stands at 31.68, while the EV to EBITDA ratio is 19.38, and the Price to Book Value is 2.86, indicating a premium valuation relative to its earnings and book value.
In comparison to its peers, Jindal Capital's PE ratio is lower than Bajaj Finance's 36.57 but higher than Life Insurance's attractive valuation of 11.62. Additionally, Bajaj Finserv, also classified as expensive, has a PE ratio of 33.8, suggesting that Jindal Capital is on the higher end of the valuation spectrum within its industry. Notably, the company's stock has outperformed the Sensex over the past week and month, but it has underperformed over the longer one-year period, which may reinforce concerns about its current valuation.