Is My Money Sec. overvalued or undervalued?

As of 17 October 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 -18.77, an EV to EBITDA of -14.92, and a Price to Book Value of 3.03. These ratios suggest that the company's valuation metrics are not only negative but also significantly higher than many of its peers.
In comparison, Bajaj Finance has a PE ratio of 38.21 and an EV to EBITDA of 20.25, while Life Insurance shows a more attractive PE of 11.49 and an EV to EBITDA of 8.94. This stark contrast highlights My Money Sec.'s overvaluation in the capital markets industry. Additionally, the company's stock has underperformed against the Sensex, with a year-to-date return of -1.66% compared to the Sensex's 7.44%, further reinforcing the notion that it is trading at an inflated price relative to its fundamentals.