Is Marinetrans Indi overvalued or undervalued?

As of 14 October 2025, Marinetrans Indi has moved from a fair to an expensive valuation grade. The company is currently considered overvalued, with a PE ratio of 39.20, an EV to EBIT of 15.72, and an EV to EBITDA of 14.27. These ratios indicate that the stock is trading at a premium compared to its earnings and cash flow generation capabilities.
In comparison to its peers, Marinetrans Indi's PE ratio is significantly lower than that of Altius Telecom, which stands at 54.93, while other companies like Embassy Office REIT and Mindspace Business have EV to EBITDA ratios of 21.96 and 18.64, respectively. The notable outlier in the peer group is Urban Company, which has a PE ratio of 74.54 but is not qualifying for valuation. Marinetrans Indi's recent stock performance has been poor, with a year-to-date return of -35.83%, contrasting sharply with the Sensex's gain of 6.35% during the same period, further reinforcing the overvaluation narrative.