Is Saia, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Saia, Inc. moved from very expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 21, an EV to EBITDA of 10.21, and a Price to Book Value of 2.85. In comparison, J.B. Hunt Transport Services, Inc. has a significantly higher P/E of 40.85, while Knight-Swift Transportation Holdings, Inc. is valued fairly with a P/E of 45.62.
Despite a strong performance over the long term, with a 5-year return of 111.99% compared to the S&P 500's 91.29%, Saia, Inc. has struggled recently, showing a year-to-date decline of 32.71% versus the S&P 500's gain of 13.30%. This indicates that while the company is currently fairly valued, its recent performance may warrant caution for potential investors.