Is Shipping Corporation Of India Overvalued or Undervalued Right Now?
- September 2, 2026
- Posted by: Lakshit Sharma
- Category: Market
Shipping Corporation Of India CMP Rs 293.60 (2 Sep 2026), up 2.14%. PE 8.29 vs industry PE 7.73. ROE 14.87%. 52W range Rs 195.45 to Rs 368.50.
Quick Answer
Shipping Corporation Of India trades at a price to earnings ratio of 8.29 against an industry average of 7.73, which puts the stock close to fair value on a simple multiple basis rather than clearly overvalued or undervalued. The company’s 14.87% return on equity and Rs 195.28 book value per share fit broadly within its sector’s range. Whether Shipping Corporation Of India is overvalued or undervalued right now is less about a wide valuation gap and more about how its growth and margins evolve from here.
Is Shipping Corporation Of India overvalued or undervalued right now is a question worth asking given how its price to earnings ratio compares with the rest of its sector. At the current market price of Rs 293.60, the stock trades roughly 20.3% below its 52 week high of Rs 368.50 and about 50.2% above its 52 week low of Rs 195.45.
Shipping Corporation Of India’s share price moved up 2.14% in the latest session to Rs 293.60, against a market capitalisation of Rs 13,413 Cr. This article looks at the numbers, the PE ratio, price to book, return on equity, debt levels and recent earnings trends, that determine whether the current price reflects fair value or a stretched multiple, and works through the full Shipping Corporation Of India overvalued or undervalued picture step by step.
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Shipping Corporation Of India Overvalued or Undervalued: Valuation Metrics
| Valuation Metric | Shipping Corporation Of India |
|---|---|
| CMP (2 Sep 2026) | Rs 293.60 |
| Market Cap | Rs 13,413 Cr |
| P/E Ratio | 8.29 |
| Industry P/E | 7.73 |
| P/B Ratio | 1.47 |
| Sector Average P/B (logistics and shipping) | 3.64 |
| Return on Equity (ROE) | 14.87% |
| Sector Average ROE (logistics and shipping) | 7.35% |
| EPS (TTM) | Rs 34.74 |
| Book Value per Share | Rs 195.28 |
| Debt to Equity | 0.29 |
| Dividend Yield | 2.60% |
| Sector Average Dividend Yield (logistics and shipping) | 0.68% |
| 52 Week High / Low | Rs 368.50 / Rs 195.45 |
The headline number here is the price to earnings ratio. At 8.29, the Shipping Corporation Of India PE ratio is 1.07 times the industry average of 7.73. Measured against its logistics and shipping sector peers, the gap widens further on other measures too: a P/B of 1.47 against a sector average of 3.64, and an ROE of 14.87% against a sector average of 7.35%. This table alone is not enough to settle whether Shipping Corporation Of India overvalued or undervalued is the fair read, but it is the starting point for the rest of this analysis.
Is Shipping Corporation Of India Overvalued or Undervalued Based on Its P/E Ratio?
Based on the P/E ratio alone, Shipping Corporation Of India looks fairly valued. The stock’s PE of 8.29 sits close to the industry average of 7.73, which suggests the market is pricing the business roughly in line with its sector rather than at a premium or a discount. That leaves the question of Shipping Corporation Of India overvalued or undervalued more dependent on its growth trajectory than on the PE ratio itself.
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Shipping Corporation Of India’s Financial Growth and Profitability
Shipping Corporation Of India’s revenue moved from Rs 5,800.36 crore in FY2025 to Rs 6,226.78 crore in FY2026, a change of 7.4%. Net profit grew from Rs 843.58 crore to Rs 1,352.92 crore over the same period, a swing of roughly 60.4%.
The Shipping Corporation Of India share price has moved alongside this earnings trend, which is part of why the stock now trades at 1.07 times the industry PE of 7.73 rather than a flat multiple.
These growth numbers feed directly into the Shipping Corporation Of India overvalued or undervalued question, since a rich multiple is easier to justify when profit growth is accelerating than when it is flat or falling.
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Shipping Corporation Of India Overvalued or Undervalued: The Case for Overvalued
Before getting to the bullet points, it helps to frame the Shipping Corporation Of India overvalued or undervalued question in terms of what would make the bear case right.
- Sector-wide re-rating risk: If sentiment toward the sector turns, a PE of 8.29 still has room to compress toward the industry average of 7.73.
- Limited margin of safety: At Rs 293.60, the stock is only 20.3% below its 52 week high of Rs 368.50, leaving less room for error if earnings disappoint.
Shipping Corporation Of India Overvalued or Undervalued: The Case Against It
The other side of the Shipping Corporation Of India overvalued or undervalued debate rests on the quality metrics below.
- Low leverage: A debt to equity ratio of 0.29 gives Shipping Corporation Of India a comparatively strong balance sheet.
- Reasonable income: A dividend yield of 2.60% offers some cushion while the market decides on the growth story.
- 52 week range context: At Rs 293.60, the stock is 50.2% above its 52 week low of Rs 195.45, showing it has already found some support at lower levels.
Verdict: Is Shipping Corporation Of India Overvalued or Undervalued Right Now?
On balance, Shipping Corporation Of India looks fairly valued rather than clearly overvalued or undervalued. Its PE of 8.29 sits close to the industry average of 7.73, and its 14.87% ROE and other ratios do not point to a significant mispricing either way. The more useful question for investors from here is less about the current multiple and more about whether earnings growth accelerates or slows. On the specific question of Shipping Corporation Of India overvalued or undervalued, the current evidence does not lean strongly either way.
What Could Change Whether Shipping Corporation Of India Is Overvalued or Undervalued?
Two broad scenarios could shift this valuation call on Shipping Corporation Of India in either direction. On the upside, an improvement in return ratios or growth that pushes the stock’s PE of 8.29 toward a premium over the industry average of 7.73. On the downside, a deterioration in the numbers that pulls the PE below the industry average of 7.73 instead. Investors watching the Shipping Corporation Of India share price over the next few quarters should track whether reported ROE holds near 14.87% and whether the PE gap versus the industry average of 7.73 widens or narrows, since both will matter more to the eventual answer on Shipping Corporation Of India overvalued or undervalued than the current price point on its own.
Conclusion
Shipping Corporation Of India’s numbers point to a stock that is fairly valued on headline multiples. Investors tracking the Shipping Corporation Of India share price should watch whether earnings growth can keep pace with the current PE of 8.29, since that gap remains the single biggest variable in whether the stock is undervalued, fairly priced, or overvalued from here. For anyone still weighing Shipping Corporation Of India overvalued or undervalued as a one-line takeaway, the multiples say fairly valued while the return ratios offer partial support for the current price. This article is for informational purposes only and is not investment advice.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Shipping Corporation Of India Overvalued or Undervalued: FAQs
Is Shipping Corporation Of India overvalued or undervalued right now?
Ans. Based on a PE ratio of 8.29 against an industry average of 7.73, Shipping Corporation Of India currently looks fairly valued on relative valuation. Its 14.87% ROE is an important part of the Shipping Corporation Of India overvalued or undervalued picture alongside the PE ratio.
What is Shipping Corporation Of India’s current PE ratio?
Ans. Shipping Corporation Of India’s price to earnings ratio stands at 8.29, compared with an industry average PE of 7.73. This PE gap is the main input into the Shipping Corporation Of India overvalued or undervalued call made in this article.
What is Shipping Corporation Of India’s return on equity?
Ans. Shipping Corporation Of India generates a return on equity of 14.87%, against a sector average of 7.35% among logistics and shipping peers.
What is Shipping Corporation Of India’s 52 week high and low?
Ans. Shipping Corporation Of India’s 52 week high is Rs 368.50 and its 52 week low is Rs 195.45. The stock currently trades around Rs 293.60, roughly 20.3% below its high.
Does Shipping Corporation Of India have high debt?
Ans. Shipping Corporation Of India carries a debt to equity ratio of 0.29, which is low for its sector.
What is Shipping Corporation Of India’s dividend yield?
Ans. Shipping Corporation Of India offers a dividend yield of 2.60% at the current share price.
Is Shipping Corporation Of India a good stock to buy at current levels?
Ans. Shipping Corporation Of India’s current valuation suits investors who agree with the fairly valued read on its PE ratio and are comfortable with the trade-off between its return ratios and its price. This is for informational purposes only and is not investment advice.
What is Shipping Corporation Of India’s price to book ratio?
Ans. Shipping Corporation Of India trades at a price to book ratio of 1.47, compared with a sector average of 3.64 among logistics and shipping peers.
What is the simplest way to summarise Shipping Corporation Of India overvalued or undervalued?
Ans. On PE alone, Shipping Corporation Of India is fairly valued against its industry average of 7.73. Layer in the 14.87% ROE and the answer to Shipping Corporation Of India overvalued or undervalued becomes more nuanced than the headline multiple suggests on its own.