Is Onelife Capital overvalued or undervalued?

As of 10 October 2025, Onelife Capital's valuation grade has moved from risky to very expensive, indicating a significant deterioration in its valuation outlook. The company is currently assessed as overvalued. Key ratios highlight this concern, with a PE ratio of -0.70, an EV to EBITDA of 0.52, and a staggering ROCE of 908.29%, although the latter is somewhat misleading given the context of other negative metrics. In comparison to its peers, Onelife Capital's valuation stands out unfavorably. For instance, Bajaj Finance has a PE ratio of 36.56 and an EV to EBITDA of 19.67, while Life Insurance, categorized as very attractive, boasts a PE of 11.65. These comparisons underscore Onelife Capital's overvaluation, particularly given its negative PE and EV to Sales ratio of -4.27. Additionally, the company's stock has underperformed against the Sensex, with a year-to-date return of -25.78% compared to the Sensex's positive return of 5.58%, further reinforcing the notion that Onelife Capital is currently overvalued.