ad

Great Eastern Shipping vs Shipping Corporation of India vs Seamec Ltd: Which Stock Should You Track

Great Eastern Shipping PE 5.66, mkt cap Rs 21,193 crore. Shipping Corporation of India PE 8.04, mkt cap Rs 13,003 crore. Seamec Ltd PE 17.20, mkt cap Rs 4,455 crore.


24 Sept 202612:07 pm

Great Eastern Shipping vs Shipping Corporation of India vs Seamec Ltd: Which Stock Should You Track

Quick Answer

Great Eastern Shipping vs Shipping Corporation of India vs Seamec Ltd is a side-by-side comparison of three companies from the Shipping space. On this comparison, Great Eastern Shipping carries a market capitalisation of about Rs 21,193 crore against Rs 13,003 crore for Shipping Corporation of India and Rs 4,455 crore for Seamec Ltd, with return on equity of 17.35%, 14.87% and 19.32% respectively. Each company's numbers are presented here without a declared better pick, since the right stock depends on an investor's own criteria.

Great Eastern Shipping vs Shipping Corporation of India vs Seamec Ltd starts with the core numbers most investors compare within the Shipping segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.

All three names sit in the Shipping bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.

Click Here – Get Free Investment Predictions

Great Eastern Shipping, Shipping Corporation of India and Seamec Ltd: Company Overview

Great Eastern Shipping is a listed Indian company in the Shipping space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Shipping Corporation of India is a listed Indian company in the Shipping space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Seamec Ltd is a listed Indian company in the Shipping space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Great Eastern Shipping vs Shipping Corporation of India vs Seamec Ltd: Valuation and Profitability Snapshot

Metric Great Eastern Shipping Shipping Corporation of India Seamec Ltd
Market Cap (approx.) Rs 21,193 crore Rs 13,003 crore Rs 4,455 crore
PE Ratio (TTM) 5.66 8.04 17.20
PB Ratio 1.25 1.43 3.42
Return on Equity (ROE) 17.35% 14.87% 19.32%
EPS (TTM, Rs) 262.45 34.74 101.90
Dividend Yield 2.36% 2.69% 0.11%
Debt to Equity 0.06 0.29 0.27
Book Value per Share (Rs) 1188.12 195.28 511.90

Check the Univest Screener for Live Data

On valuation, Great Eastern Shipping trades at a PE of 5.66 and a PB of 1.25, Shipping Corporation of India at a PE of 8.04 and a PB of 1.43, while Seamec Ltd trades at a PE of 17.20 and a PB of 3.42. On return on equity, the three post 17.35%, 14.87% and 19.32% respectively, and on dividend yield they stand at 2.36%, 2.69% and 0.11%.

Great Eastern Shipping vs Shipping Corporation of India vs Seamec Ltd: Latest Quarterly Results

Company Latest Quarter Revenue Latest Quarter Net Profit YoY Change (Revenue) QoQ Change (Revenue)
Great Eastern Shipping Rs 2,286.21 crore Rs 1,308.84 crore +71.0% +23.1%
Shipping Corporation of India Rs 1,956.84 crore Rs 619.34 crore +33.8% +17.9%
Seamec Ltd Rs 316.89 crore Rs 81.34 crore +37.3% -4.1%

Quarterly figures above are the most recent reported quarter for each company (Q1 FY28, quarter ended June 2026), compared with the year-ago and preceding quarter.

Download the Univest iOS App or Univest Android App to track Great Eastern Shipping, Shipping Corporation of India and Seamec Ltd live prices.

What Should Investors Look at Beyond These Numbers?

Beyond the metrics above, investors comparing these three shipping names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.

Conclusion

Great Eastern Shipping vs Shipping Corporation of India vs Seamec Ltd highlights how differently three companies in the same shipping segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.

Disclaimer: Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; 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).

FAQs on Great Eastern Shipping vs Shipping Corporation of India vs Seamec Ltd

What is the market cap difference between Great Eastern Shipping, Shipping Corporation of India and Seamec Ltd?

Ans. As of September 2026, Great Eastern Shipping has a market cap of approximately Rs 21,193 crore, Shipping Corporation of India is at approximately Rs 13,003 crore, and Seamec Ltd is at approximately Rs 4,455 crore.

Which of the three has the highest PE ratio?

Ans. Among Great Eastern Shipping, Shipping Corporation of India and Seamec Ltd, the PE ratios stand at 5.66, 8.04 and 17.20 respectively as of September 2026.

Which of the three has the highest ROE?

Ans. Great Eastern Shipping, Shipping Corporation of India and Seamec Ltd post ROE of 17.35%, 14.87% and 19.32% respectively as of September 2026.

Which of these three stocks pays the highest dividend yield?

Ans. Great Eastern Shipping, Shipping Corporation of India and Seamec Ltd carry dividend yields of 2.36%, 2.69% and 0.11% respectively.

What is the debt to equity ratio for Great Eastern Shipping, Shipping Corporation of India and Seamec Ltd?

Ans. Great Eastern Shipping carries a debt to equity of 0.06, Shipping Corporation of India of 0.29, and Seamec Ltd of 0.27.

Which of the three trades at the highest price to book value?

Ans. Great Eastern Shipping, Shipping Corporation of India and Seamec Ltd trade at price to book ratios of 1.25, 1.43 and 3.42 respectively.

Is one of Great Eastern Shipping, Shipping Corporation of India or Seamec Ltd better than the others?

Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.

Recent Articles

Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

Reviews

user-review-1
user-review-2
user-review-3
user-review-4
user-review-5
ad

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited

Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003

Write to us : support@univest.in, compliance@univest.in

Verify on SEBI registry →

RESEARCH ANALYST

Get SEBI Registered
advice on the stocks
trending today.

Get 3 FREE Trade Ideas

+91
for Startups Accelerator 2024

for Startups Accelerator 2024

Trusted by 1Cr Indians

Trusted by 1Cr Indians

Awarded No.1 by Economic Times

Awarded No.1 by Economic Times

GET THE APP

Join 1Cr users today.

SEBI Registered Analyst-backed Picks. Free Demat. One App

  • Free Demat account in under 5 minutes
  • Live market data — Nifty, Sensex, sector insights
  • SEBI Registered analyst-backed stock picks
Get it on Google PlayDownload on the App Store
Stocks:
All|a|b|c|d|e|f|g|h|i|j|k|l|m|n|o|p|q|r|s|t|u|v|w|x|y|z

Copyright 2026 Univest. All rights reserved.
Designed with ❤️ in India

arrow down