Sort of. But understand the limited scope in which it applies.
I won't go into quantitative analysis here, also because I haven't used it myself, but it's probably not too material anyway, but more just to point out the equivalence. In any case:
There exists an equivalence, between a lumped-element equivalent network, and a network constructed of transmission line segments.
The equivalence holds, as long as the TL impedances hold -- that is, within range of one resonance -- in other words, maybe an octave, give or take.
When we construct planar filter networks of TL segments, they are typically only good to as much range. Outside that range, there are higher-order passbands -- unintended and maybe undesired, and may be poorly controlled (bandwidth, flatness, impedance, etc. all over the place). Further refinement of the trace geometry (little nicks and steps here and there) may be employed to address this, or additional (higher frequency) filters can be cascaded together so that their stopbands overlap to give strong attenuation overall.
We could model the 1/4 or 1/2 wave stub resonance of a TL segment, as a single (read: first-order) RLC equivalent, such as shown (give or take perhaps dividing the inductor into parts before and after the capacitor for a tee equivalent, or using two capacitors for a pi section, or tee with tapped inductor, etc.), and the mapping gives the damping factor equivalent to SWR or what have you.
This is only valid for the resonance modeled, so it's not very useful for purposes where we normally need to consider transmission lines: that is, where multiple harmonics of the signal, interact with multiple resonances of the network; broadband or time-domain. Particularly when few lines are used (such as between logic devices in point-to-point digital links), the TL analysis is the easiest route.