Is S P Capital Fin. overvalued or undervalued?

As of 10 November 2025, the valuation grade for S P Capital Fin. has moved from very expensive to expensive. The company is currently considered overvalued based on its financial ratios and peer comparisons. The PE ratio stands at 13.46, the Price to Book Value is 1.49, and the EV to EBITDA is 19.69.
In comparison to its peers, Bajaj Finance is categorized as very expensive with a PE ratio of 38.76, while Life Insurance is very attractive with a PE of 11.14. This suggests that S P Capital Fin. is trading at a premium relative to some peers but is still lower than the highest valuations in the sector. Despite a recent stock return of 8.77% over the past year, which outperformed the Sensex's 5.09%, the overall valuation indicates that the stock remains overvalued in the current market environment.