Is Seaport Global Acquisition II Corp. overvalued or undervalued?

As of 1 October 2023, Seaport Global Acquisition II Corp. has moved from fair to attractive. The company is currently undervalued based on its financial metrics. Key ratios include a price-to-earnings ratio of 15.2, a price-to-book ratio of 1.1, and a return on equity of 12%.
In comparison to its peers, such as Churchill Capital Corp IV with a P/E ratio of 18.5 and TPG Pace Solutions Corp with a P/B ratio of 1.5, Seaport Global Acquisition II Corp. presents a more favorable valuation. This suggests that the market may not fully recognize the company's potential, especially given its recent stock performance relative to the Sensex, which has shown a stronger upward trend.