Is Cargotrans Marit overvalued or undervalued?

As of 18 November 2025, Cargotrans Marit has moved from an attractive to a very expensive valuation grade. The company is currently considered overvalued based on its financial ratios, which include a PE ratio of 26.73, an EV to EBITDA of 26.44, and a Price to Book Value of 2.89. These figures suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to its peers, Cargotrans Marit’s PE ratio is lower than Container Corporation's 30.39 but higher than Transport Corporation's 20.06, indicating a mixed positioning within the industry. The PEG ratio of 1.30 also suggests that growth expectations may not justify the current valuation. Notably, while the stock has outperformed the Sensex with a 1-year return of 75.63% compared to the Sensex's 9.48%, the current valuation metrics indicate that investors may be paying too much for future growth potential.