Is Western Carriers overvalued or undervalued?

As of 20 October 2025, the valuation grade for Western Carriers has moved from expensive to fair, indicating a more favorable assessment of its current market position. The company is fairly valued at this time, with a PE ratio of 22.30, an EV to EBITDA ratio of 11.94, and a ROE of 7.87%.
In comparison to its peers, Western Carriers stands out with its fair valuation against Container Corporation, which is deemed very expensive with a PE ratio of 30.72, and Delhivery, which is classified as risky with a staggering PE ratio of 178.71. Although Western Carriers has shown a decline in stock price over the past year, it has outperformed the Sensex year-to-date, reflecting a potential for recovery.