Is Welspun Corp overvalued or undervalued?

As of 17 September 2025, Welspun Corp's valuation grade has moved from fair to attractive, indicating a positive shift in its market position. The company appears to be undervalued based on its current metrics. Key ratios include a PE Ratio of 14.40, an EV to EBITDA of 12.52, and a PEG Ratio of 0.40, all suggesting a favorable valuation relative to its earnings growth potential.
In comparison to peers, Welspun Corp's PE Ratio is significantly lower than that of JSW Steel, which stands at 53.19, and Tata Steel at 44.05, both of which are considered less attractive. Additionally, Welspun Corp's ROCE of 19.47% and ROE of 20.47% further reinforce its strong operational efficiency. Notably, the company's stock has outperformed the Sensex over the past year, returning 30.53% compared to the Sensex's decline of 0.46%, highlighting its robust market performance.