Is La-Z-Boy, Inc. overvalued or undervalued?

As of 21 November 2025, the valuation grade for La-Z-Boy, Inc. moved from very expensive to fair. The company is currently fairly valued based on its financial metrics. The P/E ratio stands at 13, the Price to Book Value is 1.63, and the EV to EBITDA is 4.89, which suggests that the stock is reasonably priced compared to its earnings and book value.
In comparison to its peers, HNI Corp. has a P/E of 13.40 and an EV to EBITDA of 7.68, while Leggett & Platt, Inc. shows a more attractive P/E of 12.32 and an EV to EBITDA of 8.91. Notably, La-Z-Boy's recent stock performance shows a 25.80% return over the past week, significantly outperforming the S&P 500's -1.95% return in the same period, indicating positive momentum despite longer-term challenges.