Is SSPN FINANCE overvalued or undervalued?

As of 21 July 2025, the valuation grade for SSPN FINANCE has moved from risky to very expensive. The company appears to be overvalued based on its current metrics. Key ratios include a PE ratio of 2.23, an EV to EBIT of 2.14, and a Price to Book Value of 0.51, which indicate that the stock is trading at a premium compared to its earnings and asset value.
In comparison to peers, SSPN FINANCE's PE ratio of 2.23 is significantly lower than that of Bajaj Finance at 35.44 and Bajaj Finserv at 36.93, both categorized as very expensive. Additionally, while Bajaj Finance and Bajaj Finserv have higher growth expectations reflected in their PEG ratios of 2.41 and 4.23 respectively, SSPN FINANCE has a PEG ratio of 0.00, suggesting no expected growth. The recent stock performance shows a stark contrast to the Sensex, with a year-to-date return of -32.14% compared to the Sensex's 5.20%, reinforcing the notion that SSPN FINANCE is overvalued in the current market environment.