Is Ashapura Logi. overvalued or undervalued?

As of 26 September 2025, the valuation grade for Ashapura Logistics has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued based on its financial metrics. Key ratios include a Price to Earnings (PE) ratio of 8.50, an EV to EBITDA ratio of 5.41, and a Price to Book Value of 0.80, all of which suggest that the stock is trading at a discount compared to its earnings and asset value.
In comparison to its peers, Ashapura Logistics stands out with a significantly lower PE ratio than Container Corporation, which has a PE of 30.27, and Delhivery, which is at 167.21. Additionally, the EV to EBITDA ratio of 5.41 for Ashapura is much more attractive than that of its peers, such as Aegis Logistics at 25.17. Despite a recent decline in stock price, the overall valuation metrics indicate that Ashapura Logistics is positioned favorably within the transport services industry.