Is Aegis Logistics overvalued or undervalued?

As of 7 May 2025, the valuation grade for Aegis Logistics has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued, with a PE ratio of 48.56, a Price to Book Value of 6.81, and an EV to EBITDA ratio of 29.91. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison with peers, Aegis Logistics has a higher PE ratio than Container Corporation, which stands at 37.54, and significantly exceeds the fair valuation of Transport Corporation with a PE ratio of 21.85. Notably, Aegis's PEG ratio of 3.89 also indicates that its growth prospects are not sufficient to justify its current price. While the stock has shown strong long-term performance, with a 3-year return of 260.44%, it has underperformed the Sensex in the past year, reinforcing the view that it may be overvalued at this time.