Is One Mobikwik overvalued or undervalued?

As of 29 August 2025, the valuation grade for One Mobikwik 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 -14.10, an EV to EBITDA of -10.40, and a Price to Book Value of 2.86. These ratios highlight the company's financial struggles, particularly its negative earnings and capital employed.
In comparison to its peers, One Mobikwik stands out unfavorably; for instance, Bajaj Finance has a PE ratio of 31.3 and an EV to EBITDA of 17.84, while Life Insurance boasts a PE of 11.08 and an EV to EBITDA of 8.57. The stark contrast in these ratios reinforces the notion that One Mobikwik is not only overvalued but also struggling in a competitive landscape. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -62.38%, significantly underperforming the Sensex, which has gained 2.14% in the same period.