Is ABS Marine overvalued or undervalued?

As of 11 July 2025, ABS Marine's valuation grade has moved from fair to expensive, indicating a shift towards overvaluation. The company's current PE ratio stands at 19.35, while its EV to EBITDA ratio is 14.52, and the EV to Sales ratio is 3.04. These figures suggest that ABS Marine is trading at a premium compared to some peers, particularly GE Shipping Co, which has a PE ratio of 6.04 and an EV to EBITDA of 3.11, and S C I, which is rated very attractive with a PE of 12.23 and an EV to EBITDA of 6.68.
Given these ratios and the peer comparison, ABS Marine appears to be overvalued. The company's recent stock performance has been mixed, showing a 1-month return of 35.31% compared to a mere 0.03% for the Sensex, but a significant decline of 43.75% over the past year, which further supports the notion of overvaluation in the current market context.