Is SPA CAPT SER overvalued or undervalued?

As of 21 July 2025, the valuation grade for SPA CAPT SER has moved from expensive to fair, indicating a shift in its market perception. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 35.11, an EV to EBIT of 59.42, and a Price to Book Value of 2.08.
In comparison to peers, Bajaj Finance is considered very expensive with a PE Ratio of 35.44, while Life Insurance is fairly valued with a PE Ratio of 12.15. This suggests that SPA CAPT SER is positioned more attractively relative to some of its peers, particularly given its PEG Ratio of 0.00, which indicates no growth expectations priced in. Notably, the company's stock has underperformed against the Sensex, with a year-to-date return of -24.74% compared to the Sensex's 5.20%, reinforcing the notion that the stock may be undervalued in the current market context.