Is ABS Marine overvalued or undervalued?

As of 3 July 2025, the valuation grade for ABS Marine has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios supporting this assessment include a PE Ratio of 19.59, an EV to EBITDA of 14.70, and a Price to Book Value of 4.23. Compared to peers, GE Shipping Co has a more attractive PE Ratio of 6.1, while S C I stands out with a very attractive EV to EBITDA of 12.25.
The current valuation suggests that ABS Marine is overvalued, particularly when considering its high ratios relative to peers in the transport services industry. Additionally, while the company has shown strong returns over the past month compared to the Sensex, with a stock return of 48.12% against the Sensex's 3.52%, the long-term performance has been less favorable, with a 1-year return of -43.14%. This discrepancy further reinforces the notion of overvaluation.