Is Western Carriers overvalued or undervalued?

As of 18 August 2025, the valuation grade for Western Carriers has moved from attractive to expensive, indicating a shift in its perceived value. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 20.56, an EV to EBITDA of 11.00, and a ROCE of 11.82%.
When compared to peers, Western Carriers' PE ratio is significantly lower than Container Corporation's 31.05 and Aegis Logistics' 36.81, both of which are categorized as very expensive. Additionally, Transport Corporation, which is rated fair, has a PE ratio of 20.97, suggesting that Western Carriers is priced higher relative to its performance. Despite a recent decline in stock price, the company's performance has lagged behind the Sensex, which returned 4.01% year-to-date compared to Western Carriers' 0.83%.