Is Jindal Capital overvalued or undervalued?

As of 13 November 2025, Jindal Capital's valuation grade has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued, with a PE ratio of 33.74, an EV to EBIT of 17.20, and an EV to EBITDA of 17.02. These ratios suggest that the stock is trading at a premium compared to its earnings and cash flows.
In comparison to peers, Bajaj Finance has a PE ratio of 34.18 and an EV to EBITDA of 19.37, while Bajaj Finserv shows a PE of 33.91 and an EV to EBITDA of 13.24. Notably, Jindal Capital's PEG ratio stands at 0.00, which raises concerns about growth expectations relative to its current valuation. Additionally, the company's stock has underperformed the Sensex over the past year, with a return of -23.40% compared to the Sensex's 8.74%, further reinforcing the view that Jindal Capital is overvalued at this time.