Is Werner Enterprises, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Werner Enterprises, Inc. has moved from expensive to very expensive, indicating a significant deterioration in its valuation outlook. The company appears overvalued given its high P/E ratio of 213, an EV to EBIT of 58.76, and a Price to Book Value of 1.41, all of which are considerably above industry norms. In comparison, J.B. Hunt Transport Services, Inc. has a P/E of 40.85, while Knight-Swift Transportation Holdings, Inc. shows a more reasonable P/E of 45.62, highlighting the relative overvaluation of Werner Enterprises.
Recent stock performance further underscores this valuation concern, as the company has underperformed against the S&P 500 across multiple time frames, with a year-to-date return of -22.49% compared to the S&P 500's 13.30%. This trend of underperformance, coupled with the very expensive valuation metrics, suggests that Werner Enterprises, Inc. is currently overvalued.