Is ABS Marine overvalued or undervalued?

As of 14 October 2025, ABS Marine's valuation grade has moved from fair to very attractive, indicating a significant improvement in its investment appeal. The company is currently considered undervalued. Key ratios supporting this assessment include a PE ratio of 15.87, an EV to EBITDA of 12.17, and a ROCE of 13.69%.
In comparison to its peers, ABS Marine's PE ratio is notably higher than GE Shipping Co, which has a PE of 7.19, and lower than SEAMEC Ltd, which stands at 18.97. Additionally, while S C I is also rated very attractive with an EV to EBITDA of 7.03, ABS Marine's valuation metrics suggest it remains a compelling investment opportunity. The recent stock performance has lagged behind the Sensex, with a year-to-date decline of 13.78% compared to the Sensex's gain of 6.35%, reinforcing the notion that the stock may be undervalued relative to its fundamentals.