Is Nikki Glob.Fin. overvalued or undervalued?

As of 10 October 2025, the valuation grade for Nikki Glob.Fin. has moved from risky to very expensive. The company is currently overvalued, as indicated by a PE ratio of -6.75 and an EV to EBIT of -6.49, both of which are negative and suggest significant financial distress. Additionally, the Price to Book Value stands at 5.19, further emphasizing the overvaluation relative to its book value.
In comparison to its peers, Nikki Glob.Fin. significantly lags behind companies like Bajaj Finance, which has a PE ratio of 36.56, and Life Insurance, with a PE ratio of 11.65, both of which are in a much healthier valuation range. The company's recent performance shows a year-to-date return of 28.85%, which outperforms the Sensex's 5.58%, but this does not mitigate the concerns raised by its negative financial ratios and high valuation grade.