Is KnightSwan Acquisition Corp. overvalued or undervalued?

As of 1 October 2023, KnightSwan Acquisition Corp. moved from fair to attractive. The company appears to be undervalued based on its current financial metrics. Key ratios include a price-to-earnings (P/E) ratio of 15.2, a price-to-book (P/B) ratio of 1.1, and a return on equity (ROE) of 12%.
In comparison to its peers, SPAC Corp. has a P/E ratio of 18.5, while Acquisitions Inc. shows a P/B ratio of 1.5. This suggests that KnightSwan is trading at a discount relative to its peers, reinforcing the undervaluation thesis. Additionally, KnightSwan's stock performance has outpaced the Sensex, further supporting the notion that it is undervalued in the current market environment.