Is Jindal Capital overvalued or undervalued?

As of 10 November 2025, Jindal Capital's valuation grade has moved from very expensive to expensive, indicating a shift in market perception. The company appears to be overvalued based on its current metrics, with a PE ratio of 33.40, an EV to EBIT of 17.11, and an EV to EBITDA of 16.93. These ratios suggest that the stock is priced higher relative to its earnings and cash flows compared to its peers.
In comparison to notable competitors, Bajaj Finance has a significantly higher PE ratio of 38.76, while Life Insurance stands out with a much lower PE of 11.14, indicating a stark contrast in valuation within the sector. The recent stock performance of Jindal Capital has been underwhelming, with a year-to-date return of -13.17%, while the Sensex has gained 6.91% in the same period, reinforcing the notion that Jindal Capital may be overvalued in the current market environment.