Is One Mobikwik overvalued or undervalued?

As of 10 October 2025, the valuation grade for One Mobikwik has moved from risky to very expensive, indicating a significant deterioration in its valuation outlook. The company is currently considered overvalued. Key ratios highlight this situation, with a PE ratio of -18.04, an EV to EBITDA of -14.88, and a ROE of -20.27%.
In comparison to its peers, One Mobikwik's valuation metrics starkly contrast with those of Bajaj Finance, which has a PE ratio of 36.56, and Life Insurance, which boasts a PE ratio of 11.65. This disparity underscores the overvaluation of One Mobikwik relative to its industry peers. Additionally, the company's stock has underperformed significantly, with a year-to-date return of -52.19%, compared to a positive return of 5.58% for the Sensex, further reinforcing the notion that it is overvalued.