Is Welspun Corp overvalued or undervalued?

As of 18 July 2025, Welspun Corp's valuation grade has moved from expensive to fair, indicating a shift in market perception. The company is currently fairly valued. Key ratios include a PE Ratio of 15.82, an EV to EBITDA of 14.07, and a PEG Ratio of 0.43, which suggests strong growth potential relative to its price.
In comparison to its peers, Welspun Corp's PE Ratio is significantly lower than that of JSW Steel, which stands at 66.92, and Tata Steel at 53.57, both of which are also rated as fair. This positions Welspun Corp favorably within its industry, especially considering its robust ROE of 20.47% and ROCE of 19.47%. Notably, Welspun Corp has outperformed the Sensex with a year-to-date return of 13.28% compared to the Sensex's 4.63%, reinforcing its valuation story.