Is Welspun Corp overvalued or undervalued?

As of 18 July 2025, the valuation grade for Welspun Corp has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 15.82, an EV to EBITDA ratio of 14.07, and a PEG ratio of 0.43, which suggests potential for growth relative to its price.
In comparison to peers, Welspun Corp's valuation metrics appear reasonable, especially when contrasted with JSW Steel's PE ratio of 66.92 and Tata Steel's PE ratio of 53.57, both of which are significantly higher. Additionally, the company's return on equity (ROE) stands at 20.47%, which is competitive within the industry. Notably, Welspun Corp has outperformed the Sensex significantly over the past year, with a return of 40.67% compared to the Sensex's 0.51%, reinforcing its valuation story.