Is Boise Cascade Co. overvalued or undervalued?

As of 4 September 2025, Boise Cascade Co. has moved from an attractive to a fair valuation grade. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 12, an EV to EBITDA of 6.49, and a Price to Book Value of 1.75. In comparison, peers such as WESCO International, Inc. have a P/E of 20.94, indicating that Boise Cascade Co. is trading at a significant discount relative to some competitors.
Despite the fair valuation, Boise Cascade Co. has underperformed against the S&P 500, with a year-to-date return of -31.42% compared to the index's 12.22%. This trend is further highlighted by a one-year return of -40.52% against the S&P 500's 17.14%, suggesting that while the stock may be fairly valued, its recent performance raises concerns about future growth prospects.