{"id":56950,"date":"2025-10-28T17:14:39","date_gmt":"2025-10-28T11:44:39","guid":{"rendered":"https:\/\/officechai.com\/?p=56950"},"modified":"2025-10-29T02:11:03","modified_gmt":"2025-10-28T20:41:03","slug":"peyush-bansal-criticized-for-saying-he-doesnt-understand-valuations-when-asked-to-justify-lenskarts-valuation","status":"publish","type":"post","link":"https:\/\/officechai.com\/startups\/peyush-bansal-criticized-for-saying-he-doesnt-understand-valuations-when-asked-to-justify-lenskarts-valuation\/","title":{"rendered":"Peyush Bansal Criticized For Saying He Doesn’t Understand Valuations When Asked To Justify Lenskart’s Valuation"},"content":{"rendered":"\n

Peyush Bansal has spent the last few years grilling investors on Shark Tank about their company’s prospects and valuations, but he doesn’t seem as keen on valuations when his own company is looking to raise money from the public.<\/p>\n\n\n\n

Lenskart founder Peyush Bansal has been criticized for saying that he doesn’t understand valuations when asked to justify Lenskart’s own valuation at its IPO. “Lenskart’s valuation is significantly higher on price to earnings and price to EBITDA as far as some international peers are concerned,” Bansal was asked <\/a>at an event. “I wanted to get your view on how you’re justifying this, because 40% of your revenues come from your international businesses,” the person continued.<\/p>\n\n\n\n

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“Mereko to justify karna hi nahin hota na valuation<\/em> (I don’t have to justify valuations),” Bansal replied. “For the last 15 years, I’ve only been justifying the valuation for the customer — how to make the best quality spectacles at the lowest price possible. We’ll spend the next 20-30 years building the business in India and abroad,” he said.<\/p>\n\n\n\n

“Ye jo valuation hai, mujhe samajh bhi kam aata hai<\/em> (I don’t fully understand how valuations work),” he smiled. “But it is largely done by strong advisors. I genuinely think that as entrepreneurs it is not our job to determine valuation. But we keep everything ‘value for money’ at Lenskart. My guidance for our advisors is that we should get the best partners on board, and we should make sure that it’s value for money,” he added.<\/p>\n\n\n\n

Lenskart is going public at a valuation of Rs. 70,000 crore in its IPO, which effectively implies a trailing PE ratio of 234. But Bansal’s evading of the valuation question raised some eyebrows on social media. “Fair point to not have to \u201cjustify valuation\u201d because the market is free & open. But for a seasoned entrepreneur for him to say that he does not \u201cunderstand\u201d valuation is a bit rich, frankly,” wrote a user on X.<\/p>\n\n\n\n

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Fair point to not have to \u201cjustify valuation\u201d because the market is free & open. But for a seasoned entrepreneur for him to say that he does not \u201cunderstand\u201d valuation is a bit rich, frankly. https:\/\/t.co\/4OMet9BA83<\/a><\/p>— Atman (@HeyAtman) October 28, 2025<\/a><\/blockquote>