Is TCI Express overvalued or undervalued?

As of 21 July 2025, TCI Express has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE Ratio of 32.60, an EV to EBITDA of 21.20, and a ROCE of 16.87%.
In comparison to its peers, TCI Express shows a more favorable valuation than Container Corporation, which has a PE of 35.58, and Delhivery, which has a staggering PE of 193.3. The PEG Ratio for TCI Express is notably 0.00, indicating strong growth potential relative to its price. Despite recent stock performance lagging behind the Sensex, particularly with a YTD return of -10.28% compared to the Sensex's 5.20%, the underlying valuation suggests that TCI Express presents a compelling investment opportunity at its current price of 728.55.