Is Moongipa Capital overvalued or undervalued?

As of 10 October 2025, Moongipa Capital's valuation grade has moved from very attractive to attractive, indicating a slight shift in its perceived value. The company is currently considered undervalued, with a PE ratio of 13.09, a price to book value of 0.76, and an EV to EBITDA ratio of 8.73. Compared to peers, Bajaj Finance is very expensive with a PE ratio of 36.56, while Life Insurance is very attractive with a PE of 11.65, highlighting Moongipa's relative valuation position.
Despite the recent downturn in stock performance, with a year-to-date return of -40.64% compared to the Sensex's 5.58%, Moongipa Capital's fundamentals suggest it remains a compelling investment opportunity. The company's ROCE stands at 10.13%, and its PEG ratio is notably low at 0.00, further supporting the conclusion that it is undervalued relative to its peers in the non-banking financial sector.