Is Costamare, Inc. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Costamare, Inc. moved from fair to expensive, indicating that the stock is overvalued. The company exhibits a P/E ratio of 3, a Price to Book Value of 0.46, and an EV to EBITDA of 4.06, which are significantly lower than many of its peers. For instance, International Seaways, Inc. has a P/E ratio of 9.81 and an EV to EBITDA of 6.74, while Star Bulk Carriers Corp. shows a P/E of 18.50 and an EV to EBITDA of 8.96, highlighting that Costamare is trading at a discount relative to these competitors.
Despite the low valuation ratios, the recent performance of Costamare compared to the S&P 500 is not available, which limits the ability to assess its market performance contextually. Overall, the combination of low valuation ratios and the grade change suggests that Costamare, Inc. is currently overvalued in the market.