Is Welspun Corp overvalued or undervalued?

As of 9 July 2025, Welspun Corp's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 16.08, an EV to EBITDA of 14.31, and a ROE of 20.47%.
In comparison to its peers, Welspun Corp's PE Ratio is significantly lower than that of JSW Steel, which stands at 67.32, and Tata Steel, which has a PE of 52.41. This suggests that while Welspun Corp is fairly valued, it may still present an attractive investment opportunity compared to some of its higher-valued peers. Notably, Welspun Corp has outperformed the Sensex over the past year, with a return of 44.24% compared to the Sensex's 3.96%, reinforcing its competitive position in the market.