Is St Bk of India overvalued or undervalued?

As of 24 June 2025, the valuation grade for St Bank of India has moved from fair to expensive, indicating a shift in perception regarding its market value. The company appears to be overvalued at its current price of 795.25, especially when compared to its peers. Key ratios include a PE ratio of 10.01, a Price to Book Value of 1.61, and a PEG ratio of 1.43, which are relatively high in the context of the industry.
In comparison to its peers, St Bank of India’s PE ratio is significantly higher than that of Bank Of Baroda at 6.28 and Punjab National Bank at 7.27, both of which are rated as very attractive. This suggests that investors are paying a premium for St Bank of India relative to its more attractively valued competitors. Additionally, while the stock has shown a strong performance over the long term, its recent one-year return of -4.49% underperforms the Sensex's 6.10% return, reinforcing the notion that the stock may be overvalued at present.