Is Shipping Corporation Of India the Best Stock in Its Sector? A Look at the Numbers
- September 16, 2026
- Posted by: Harsh Piplani
- Category: Market
Shipping Corporation Of India CMP Rs 266 (16 Sep 2026). Market cap Rs 12,511 Cr. ROE 14.87%. P/E 7.73x versus Industry P/E 8.05x.
Quick Answer
Shipping Corporation Of India is one of the names investors compare when screening the Logistics sector, built on a 14.87% return on equity and a P/E of 7.73x against an Industry P/E of 8.05x. Shipping Corporation Of India Ltd operates a fleet of bulk carriers, tankers and container vessels, and is India’s largest government-owned shipping company. Whether Shipping Corporation Of India is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Logistics sector peers, so you can judge that for yourself.
Is Shipping Corporation Of India the best stock in its sector? The stock trades on the NSE at Rs 266 as of 16 September 2026, within its 52-week range of Rs 195.55 to Rs 368.75. Shipping Corporation Of India Ltd operates a fleet of bulk carriers, tankers and container vessels, and is India’s largest government-owned shipping company.
Shipping Corporation Of India sits in the Logistics sector, and its 14.87% ROE and 7.73x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Shipping Corporation Of India
Shipping Corporation Of India Ltd operates a fleet of bulk carriers, tankers and container vessels, and is India’s largest government-owned shipping company. At a market capitalisation of Rs 12,511 Cr, it is tracked as part of the Logistics sector on Univest.
Is Shipping Corporation Of India the Best Stock in Its Sector?
Shipping Corporation Of India makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 14.87% ROE with a 7.73x P/E against the sector’s 8.05x Industry P/E. Shipping Corporation of India trades almost exactly at its 8.05x Industry P/E, with a 14.87% ROE that trails Great Eastern Shipping’s in this comparison, though both operate in a freight-rate-cyclical business.
| Metric | Shipping Corporation Of India |
|---|---|
| CMP (NSE) | Rs 265.90 |
| 52-Week High / Low | Rs 368.75 / Rs 195.55 |
| Market Cap | Rs 12,511 Cr |
| P/E (TTM) vs Industry P/E | 7.73x vs 8.05x |
| P/B | 1.38 |
| ROE | 14.87% |
| EPS (TTM) | Rs 34.74 |
| Dividend Yield | 2.79% |
| Debt to Equity | 0.29 |
Compare Shipping Corporation Of India Against Other Logistics Sector Stocks
How Shipping Corporation Of India Compares Against Its Logistics Sector Peers
The table below sets Shipping Corporation Of India against 1 other Logistics sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 1 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Shipping Corporation Of India | 12,511 | 7.73 | 14.87% | 0.29 |
| The Great Eastern Shipping Company | 19,962 | 5.33 | 17.35% | 0.06 |
| Peer average (1 companies) | – | 5.33 | 17.35% | 0.06 |
Against this peer set, Shipping Corporation Of India’s 14.87% ROE is below the 17.35% peer average, and its P/E of 7.73x runs above the peer average of 5.33x. Shipping Corporation of India trades almost exactly at its 8.05x Industry P/E, with a 14.87% ROE that trails Great Eastern Shipping’s in this comparison, though both operate in a freight-rate-cyclical business.
What Makes Shipping Corporation Of India Worth Watching in Logistics
- Close to Industry P/E: A 7.73x P/E versus an 8.05x Industry P/E shows the stock trading almost exactly at shipping sector norms.
- Scale as India’s largest shipping line: Being India’s largest shipping company by fleet size gives Shipping Corporation of India scale advantages in freight contract negotiations.
- Solid ROE, moderate leverage: A 14.87% ROE with a debt to equity ratio of 0.29 reflects a reasonably efficient, well-capitalised shipping operation.
Shipping Corporation Of India Valuation: Is It Justified?
Shipping Corporation of India trades almost exactly at its 8.05x Industry P/E, with a 14.87% ROE that trails Great Eastern Shipping’s in this comparison, though both operate in a freight-rate-cyclical business. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Bata India the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Shipping Corporation Of India and other Logistics sector stocks.
How to Track Shipping Corporation Of India Before You Invest
Before deciding whether Shipping Corporation Of India deserves its label as the best stock in its sector for your own portfolio, compare it directly against Logistics sector peers using the steps below.
- Open the Univest Screener and search for Shipping Corporation Of India to view live price, valuation ratios, and peer comparisons within the Logistics sector.
- Compare its P/E, P/B, and ROE against other Logistics sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Shipping Corporation Of India earns a place in the best stock in its sector conversation on the strength of a 14.87% ROE and a P/E of 7.73x against a 8.05x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
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).
Is Shipping Corporation Of India the best stock in its sector?
Ans. Shipping Corporation Of India has a 14.87% ROE and trades at 7.73x P/E against a 8.05x Industry P/E, and compares below the peer average ROE of 17.35% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Shipping Corporation Of India?
Ans. Shipping Corporation Of India was trading at Rs 265.90 on the NSE as of 16 September 2026, within its 52-week range of Rs 195.55 to Rs 368.75.
What sector does Shipping Corporation Of India belong to?
Ans. Shipping Corporation Of India is classified under the Logistics sector on Univest.
How does Shipping Corporation Of India compare to its sector peers on P/E?
Ans. Shipping Corporation Of India’s P/E of 7.73x is above the 5.33x average of the 1 named peers compared in this article.
What is Shipping Corporation Of India’s return on equity?
Ans. Shipping Corporation Of India reported a return on equity of 14.87%, which is below the 17.35% average of its named peers in this comparison.
Should I invest in Shipping Corporation Of India based on its sector position?
Ans. Shipping Corporation Of India’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
