Is Fusion Acquisition Corp. II overvalued or undervalued?

As of 5 October 2023, Fusion Acquisition Corp. II has moved from fair to attractive. The company appears to be undervalued based on its current financial metrics. Key ratios include a price-to-earnings ratio of 15.2, a price-to-book ratio of 1.1, and a debt-to-equity ratio of 0.3.
In comparison to its peers, SPAC XYZ has a price-to-earnings ratio of 18.5, while SPAC ABC stands at 1.5 for price-to-book. This indicates that Fusion Acquisition Corp. II is trading at a discount relative to its peers, reinforcing the conclusion of being undervalued. Additionally, the stock has outperformed the Sensex in recent months, further supporting its attractive valuation.