Is Quest Capital overvalued or undervalued?

As of 6 October 2025, Quest Capital's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE ratio of 16.03, a Price to Book Value of 0.24, and an EV to EBITDA of 11.48, which suggest that the stock is trading at a discount relative to its earnings and book value.
In comparison to its peers, Quest Capital's valuation stands out; for instance, Bajaj Finance is deemed very expensive with a PE ratio of 36.03, while Life Insurance, which is very attractive, has a PE ratio of 11.78. This further reinforces the notion that Quest Capital is undervalued in its sector. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -35.00% versus the Sensex's 4.67%, the underlying valuation metrics suggest that there is potential for recovery and growth in the future.