Is COSCO (India) overvalued or undervalued?

As of 17 November 2025, COSCO (India) has moved from an attractive to a fair valuation grade. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE ratio of -52.42, an EV to EBITDA of 31.75, and a Price to Book Value of 1.94, which indicate significant challenges in profitability and valuation relative to its assets.
In comparison to its peers, COSCO's valuation stands out negatively; for instance, Bhartiya International has a PE ratio of 39.3 and an EV to EBITDA of 14.67, while Lehar Footwears shows a PE ratio of 19.89 and an EV to EBITDA of 11.85. These comparisons suggest that COSCO is not only underperforming but also lacks the financial health exhibited by its competitors. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -31.18%, contrasting sharply with the Sensex's positive return of 8.72% over the same period, reinforcing the notion that COSCO (India) is currently overvalued.