Is Cargotrans Marit overvalued or undervalued?

As of 17 October 2025, Cargotrans Marit has moved from an attractive to a very attractive valuation grade, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 19.74, an EV to EBITDA of 18.60, and a PEG ratio of 0.96, all of which suggest that the stock is trading at a discount compared to its earnings growth potential.
In comparison to its peers, Cargotrans Marit stands out favorably against Container Corporation, which has a PE ratio of 30.53, and Delhivery, which has a staggering PE ratio of 175.18. This peer comparison reinforces the notion that Cargotrans Marit is undervalued, especially given its solid ROE of 11.65% and ROCE of 10.75%. Additionally, while the stock has seen a recent decline of 0.51% over the past week, it has outperformed the Sensex with a 41.16% return over the past year, further supporting its attractive valuation.