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 shift in its perceived value. The company is currently considered undervalued, with a PE ratio of 13.09, an EV to EBIT of 8.95, and an EV to EBITDA of 8.73. In comparison to its 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 Capital's relative affordability within the market.
Despite its recent struggles, with a year-to-date return of -40.64% compared to a 5.58% gain in the Sensex, Moongipa Capital's financial metrics suggest it remains a compelling investment opportunity. The company's price to book value stands at 0.76, reinforcing its undervaluation relative to peers in the Non-Banking Financial Company sector. Overall, Moongipa Capital appears to be a solid choice for investors seeking value in a challenging market environment.