Is Marinetrans Indi overvalued or undervalued?

As of 23 September 2025, Marinetrans Indi has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a price-to-earnings (PE) ratio of 20.62, an EV to EBITDA ratio of 13.53, and a price-to-book value of 0.81. These metrics suggest that while the company is not undervalued, it also does not appear to be overvalued relative to its current performance.
In comparison to its peers, Marinetrans Indi's valuation stands out against Altius Telecom, which is rated very attractive with a PE ratio of 54.74, and Embassy Office REIT, which is considered very expensive with a PE ratio of 24.17. The significant difference in valuations indicates that Marinetrans Indi may be a more reasonable investment option within its industry. Additionally, the company's stock has underperformed significantly year-to-date, down 32.5%, compared to a 6.45% increase in the Sensex, further reinforcing its fair valuation status amidst broader market trends.