Is Jindal Capital overvalued or undervalued?

As of 10 October 2025, Jindal Capital's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued, with a PE ratio of 30.53, an EV to EBIT of 18.97, and an EV to EBITDA of 18.77. These ratios suggest that the stock is trading at a premium compared to its earnings and cash flow generation capabilities.
In comparison to its peers, Jindal Capital's PE ratio is lower than Bajaj Finance's 36.56 but significantly higher than Life Insurance's 11.65, which is considered very attractive. The PEG ratio for Jindal is notably at 0.00, indicating no growth expectations factored into the price, contrasting sharply with Bajaj Finserv's PEG of 2.39. Recent stock performance shows that Jindal Capital has underperformed the Sensex over the past year, with a return of -23.11% compared to the Sensex's 1.09%, further reinforcing the notion of overvaluation in the current market context.