Is Welspun Corp overvalued or undervalued?

As of 22 July 2025, Welspun Corp's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued. Key ratios include a PE ratio of 15.79, an EV to EBITDA of 14.03, and a PEG ratio of 0.43, which suggests that the stock is reasonably priced relative to its growth potential.
In comparison to peers, Welspun Corp's PE ratio is significantly lower than that of JSW Steel, which stands at 49.35, and Tata Steel at 53.73, both of which are also rated as fair. This positions Welspun Corp attractively within its industry, especially considering its strong ROCE of 19.47% and ROE of 20.47%. Notably, the company's stock has outperformed the Sensex over the past year, with a return of 39.00% compared to the Sensex's 2.09%, reinforcing the view that Welspun Corp is a compelling investment opportunity.