Is C3is, Inc. overvalued or undervalued?

As of 18 June 2025, the valuation grade for C3is, Inc. has moved from fair to attractive, indicating a more favorable assessment of its market position. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a P/E ratio of 0.6419, an EV to EBITDA of -1.0082, and a ROE of 5.90%.
In comparison, Imperial Petroleum, Inc. has a P/E ratio of 3.0731 and an EV to EBITDA of -1.6555, while Pyxis Tankers, Inc. shows a P/E of 3.4091 and an EV to EBITDA of 3.4632. These figures suggest that C3is, Inc. is trading at a significant discount relative to its industry peers. Additionally, the company's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -58.42% compared to the index's 2.44%, reinforcing the notion of undervaluation.