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, with a PE ratio of 8.50, an EV to EBITDA of 5.41, and a Price to Book Value of 0.80. These ratios suggest that the company is trading at a significant discount compared to its earnings and book value.
In comparison to its peers, Ashapura Logistics stands out with a much lower PE ratio than Container Corporation, which is rated as very expensive at 30.27, and Delhivery, which has a PE of 167.21 and is deemed risky. Additionally, its EV to EBITDA is considerably lower than that of Aegis Logistics, which is at 25.17 and classified as expensive. Despite recent stock performance showing a decline of 36.27% over the past year, the attractive valuation suggests that Ashapura Logistics may present a compelling investment opportunity in the transport services industry.