Is Kirby Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Kirby Corp. has moved from attractive to very expensive, indicating a shift towards overvaluation. The company is currently considered overvalued based on its P/E ratio of 20, which is significantly higher than the peer average of 15.18, and an EV to EBITDA ratio of 10.85, also above the peer average of 8.73. Additionally, the PEG ratio of 0.47 suggests that the stock may not be justified at its current price given its growth prospects.
In comparison to its peers, Frontline Plc has a P/E of 21.44, while Matson, Inc. shows a much lower P/E of 6.73, highlighting the disparity in valuation within the industry. Kirby Corp.'s recent stock performance reveals a stark contrast, with a year-to-date return of -19.13% compared to the S&P 500's positive return of 13.30%, reinforcing the notion that the stock may be overvalued in the current market environment.