Is Graphic Packaging Holding Co. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Graphic Packaging Holding Co. moved from very expensive to attractive, indicating a shift towards a more favorable assessment. The company appears undervalued, supported by a P/E ratio of 11, an EV to EBITDA of 7.50, and a Price to Book Value of 2.13. In comparison, its peer Ball Corp. has a significantly higher P/E ratio of 38.35, while Crown Holdings, Inc. shows an attractive valuation with an EV to EBITDA of 10.30.
Despite the attractive valuation, Graphic Packaging has underperformed relative to the S&P 500, with a year-to-date return of -36.78% compared to the index's 13.30%. This stark contrast in performance highlights the potential for recovery and value realization in the stock.