Is Overseas Shipholding Group, Inc. overvalued or undervalued?

As of 15 October 2023, Overseas Shipholding Group, Inc. moved from fair to attractive based on recent performance metrics. The company appears to be undervalued at this time. Key ratios include a Price-to-Earnings (P/E) ratio of 10.5, a Price-to-Book (P/B) ratio of 0.8, and a Dividend Yield of 4.2%.
In comparison with peers, Teekay Corporation has a P/E ratio of 12.0, while Dynagas LNG Partners LP shows a P/B ratio of 1.2. These comparisons suggest that Overseas Shipholding Group is trading at a discount relative to its industry peers. Additionally, the stock has outperformed the Sensex recently, reinforcing the notion of its undervaluation.