Is Joindre Capital overvalued or undervalued?

As of 8 October 2025, Joindre Capital's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently considered undervalued. Key ratios include a PE ratio of 9.70, a Price to Book Value of 0.89, and a ROE of 10.01%.
In comparison to its peers, Joindre Capital's PE ratio is significantly lower than Bajaj Finance's 36.53 and Life Insurance's 11.6, suggesting that it is trading at a discount relative to these competitors. Additionally, while Bajaj Finserv is marked as expensive with a PE of 33.68, Joindre's PEG ratio stands at 0.00, indicating potential for growth at a low price. Despite recent underperformance against the Sensex, with a YTD return of -2.30% compared to the Sensex's 4.65%, the long-term performance of 205.09% over five years suggests strong potential for recovery and value creation.