Is Capital Product Partners LP overvalued or undervalued?

As of 17 October 2025, the valuation grade for Capital Product Partners LP has moved from attractive to very expensive. This indicates that the company is overvalued. Key valuation ratios include a P/E ratio of 25, an EV to EBITDA of 14.25, and a Price to Book Value of 1.80. In comparison, peers such as Navios Maritime Partners LP have a P/E of 4.72 and Global Ship Lease, Inc. boasts a P/E of 2.82, highlighting a significant premium in Capital Product Partners' valuation.
Despite the company's strong recent performance, with a year-to-date return of 23.91% compared to the S&P 500's 13.30%, the elevated valuation ratios suggest that investors may be paying too much for future growth. Overall, the combination of high valuation ratios and the peer comparison indicates that Capital Product Partners LP is overvalued in the current market.