Is TCI Express overvalued or undervalued?

As of 8 July 2025, TCI Express has moved from a very attractive to an attractive valuation grade. The company is currently considered overvalued. The PE ratio stands at 33.51, while the Price to Book Value is 3.76, and the EV to EBITDA ratio is 21.83.
In comparison to its peers, TCI Express's PE ratio is slightly lower than Container Corporation's 34.69 but significantly higher than Transport Corporation's 21.57. The PEG ratio is notably at 0.00, indicating no growth expectations priced into the stock. Recent stock performance has been underwhelming, with a one-year return of -38.26%, contrasting sharply with the Sensex's gain of 4.69% during the same period, further reinforcing the perception of overvaluation.