Is Saia, Inc. overvalued or undervalued?

As of 10 October 2025, the valuation grade for Saia, Inc. has moved from fair to expensive, indicating that the company is overvalued. Key ratios reveal a P/E ratio of 21, a Price to Book Value of 2.85, and an EV to EBITDA of 10.21, which suggest that the stock is trading at a premium compared to its earnings and book value.
In comparison to peers, J.B. Hunt Transport Services, Inc. has a higher P/E ratio of 40.85, while Knight-Swift Transportation Holdings, Inc. stands out with a very attractive P/E of 45.62. This indicates that Saia, Inc. is relatively less expensive than some competitors, yet still classified as overvalued. Notably, Saia's stock has underperformed against the S&P 500 with a year-to-date return of -35.44% compared to the index's 11.41%, reinforcing the notion of its overvaluation.