Is Welspun Corp overvalued or undervalued?

As of 24 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 14.24, an EV to EBITDA of 12.37, and a PEG ratio of 0.40, all suggesting that the stock is priced favorably compared to its earnings and growth potential.
When compared to peers, Welspun Corp's PE ratio is significantly lower than that of JSW Steel, which stands at 54.89, and Tata Steel, which has a PE of 44.41, reinforcing the notion that Welspun is undervalued in the current market landscape. Additionally, the company's return on equity (ROE) is a strong 20.47%, further supporting its attractive valuation. Notably, Welspun Corp has outperformed the Sensex over the past year with a return of 22.49%, compared to the Sensex's decline of 3.77%, highlighting its strong market performance.