Is Kirby Corp. overvalued or undervalued?

As of 30 June 2025, the valuation grade for Kirby Corp. moved from fair to very expensive. The company appears to be overvalued based on its current metrics, including a P/E ratio of 20, an EV to EBITDA of 10.85, and a PEG ratio of 0.47. In comparison to peers, Frontline Plc has a P/E of 21.44 and an EV to EBITDA of 10.11, while Matson, Inc. shows a P/E of 6.73 and an EV to EBITDA of 4.38, highlighting the relative overvaluation of Kirby Corp.
Recent stock performance further supports this valuation assessment, with Kirby Corp. experiencing a YTD return of -20.57%, significantly underperforming the S&P 500's return of 12.22% during the same period. This trend indicates that the market may be pricing in concerns about the company's future growth potential relative to its peers.