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 based on its current metrics, with 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 peers such as Ball Corp. have a significantly higher P/E ratio of 38.35, while Owens Corning stands at 15.01, highlighting Graphic Packaging's relative value in the industry.
Despite the attractive valuation, the company has faced significant stock declines, with a year-to-date return of -36.78% compared to a positive 13.30% return for the S&P 500. This stark contrast reinforces the notion that Graphic Packaging may be undervalued, as its financial ratios suggest it is trading at a discount relative to its peers.