Shipping Corporation of India Adjusts Valuation Amid Competitive Transport Services Landscape

Shipping Corporation of India (SCI) has recently undergone a valuation adjustment, reflecting its current standing in the transport services industry. The company, categorized as a small-cap entity, showcases a price-to-earnings (P/E) ratio of 14.65 and a price-to-book value of 0.14. Its enterprise value to EBITDA stands at 6.65, while the enterprise value to EBIT is recorded at 17.51. The dividend yield is noted at 2.57%, with return on capital employed (ROCE) and return on equity (ROE) at 0.73% and 0.94%, respectively.
In comparison to its peers, SCI's valuation appears more favorable against GE Shipping Co, which is classified as expensive, and Dredging Corporation, which maintains an attractive valuation despite being loss-making. Other competitors like Shipping Land are considered risky, while SEAMEC Ltd is also categorized as expensive.

Over the past year, SCI has demonstrated a stock return of 19.09%, significantly outperforming the Sensex's return of 5.09%. This performance trend highlights SCI's resilience and competitive positioning within the transport services sector.