Is My Money Sec. overvalued or undervalued?

As of 4 September 2025, the valuation grade for My Money Sec. has moved from risky to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of -16.93, an EV to EBITDA of -13.33, and a Price to Book Value of 2.74. These ratios suggest that the company's financial metrics are not only negative but also significantly out of line with industry standards.
In comparison to its peers, My Money Sec. stands out as very expensive, especially when contrasted with Bajaj Finance, which has a PE ratio of 33.36, and Life Insurance, which boasts a PE of 11.41. The stark differences in these ratios highlight that My Money Sec. is not only overvalued but also lacks the profitability metrics seen in more attractive competitors. Additionally, while the stock has shown a strong 1-year return of 35.65%, it has underperformed the Sensex over the year, which returned -1.98%. This further reinforces the notion that the current valuation may not be sustainable.