Is Sahara Maritime overvalued or undervalued?

As of 2 September 2025, Sahara Maritime's valuation grade has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios reflect this assessment, with a PE ratio of 11.81, an EV to EBIT of 8.41, and a Price to Book Value of 0.98. These figures suggest that the company's valuation does not align favorably with its financial performance.
In comparison to its peers, Sahara Maritime's PE ratio is significantly lower than Altius Telecom, which has a PE of 55.48, and much lower than Mindspace Business at 51.3. This disparity highlights that Sahara Maritime is trading at a lower valuation despite being categorized as expensive. Furthermore, the company's recent stock performance has been poor, with a year-to-date return of -31.34%, contrasting sharply with the Sensex's positive return of 2.58% during the same period. Overall, Sahara Maritime appears to be overvalued in the current market environment.