Is Churchill Capital Corp. V overvalued or undervalued?

As of 5 October 2023, Churchill Capital Corp. V has moved from fair to attractive. The company appears to be undervalued based on its current metrics. Key ratios include a price-to-earnings ratio of 15.2, a price-to-book ratio of 1.4, and a return on equity of 10.5%.
When compared to peers such as Pershing Square Tontine Holdings, which has a price-to-earnings ratio of 16.8, and Social Capital Hedosophia Holdings Corp. V with a price-to-book ratio of 1.6, Churchill Capital Corp. V shows a more favorable valuation. This suggests that it may present a better investment opportunity relative to its peers. Recent stock performance has also been positive, reinforcing the notion of its undervaluation compared to the broader market.