Is SPA CAPT SER overvalued or undervalued?

As of 14 November 2025, the valuation grade for SPA CAPT SER has moved from expensive to fair. The company is currently fairly valued based on its financial ratios, which include a PE ratio of 93.65, an EV to EBIT ratio of 85.18, and a ROE of 3.85%. In comparison to its peers, Bajaj Finance is considered very expensive with a PE ratio of 34.62, while Life Insurance stands out as very attractive with a PE of 11.25. Despite the high valuation ratios, SPA CAPT SER's performance has been strong, with a year-to-date return of 30.48%, significantly outperforming the Sensex's return of 8.22% in the same period. This performance suggests that while the company is fairly valued, it may still have potential for growth compared to its peers in the Non Banking Financial Company sector.