Is Skyward Specialty Insurance Group, Inc. overvalued or undervalued?

As of 12 September 2025, the valuation grade for Skyward Specialty Insurance Group, Inc. has moved from fair to attractive, indicating a more favorable assessment of its financial metrics. The company appears to be undervalued, supported by a P/E ratio of 20, a Price to Book Value of 2.97, and a PEG Ratio of 1.32, which suggests that the stock is reasonably priced relative to its growth potential.
In comparison to its peers, Skyward Specialty's P/E ratio of 15.41 is higher than that of MGIC Investment Corp. at 10.15 and Enact Holdings, Inc. at 8.46, indicating that while it is priced higher, it may offer better growth prospects. The company's recent stock performance shows a 1-year return of 20.27%, outperforming the S&P 500's return of 17.14%, reinforcing the notion that it is a compelling investment opportunity.