Is Costamare, Inc. overvalued or undervalued?

As of 5 September 2025, the valuation grade for Costamare, Inc. has moved from fair to very attractive, indicating a strong improvement in its valuation outlook. The company appears undervalued based on its key ratios, including a P/E ratio of 3, a Price to Book Value of 0.46, and an EV to EBITDA of 4.06. In comparison to its peers, such as International Seaways, Inc. with a P/E of 9.81 and Star Bulk Carriers Corp. at 18.50, Costamare stands out as significantly undervalued.
Additionally, Costamare has demonstrated impressive returns, outperforming the S&P 500 with a year-to-date return of 33.54% compared to the index's 12.22%. This performance, coupled with its attractive valuation metrics, reinforces the conclusion that Costamare, Inc. is currently undervalued in the transport services sector.