Is Lamb Weston Holdings, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Lamb Weston Holdings, Inc. has moved from very expensive to fair. The company appears to be fairly valued at this time. Key valuation ratios include a P/E ratio of 14, an EV to EBITDA of 9.46, and a Price to Book Value of 4.91. In comparison to peers, Conagra Brands, Inc. has a more attractive P/E of 8.91, while The J. M. Smucker Co. is considered risky with a P/E of 23.79.
Despite recent performance, Lamb Weston has underperformed the S&P 500 over multiple periods, with a year-to-date return of -2.72% compared to the S&P 500's 13.30%. This trend continues over longer periods, indicating a significant lag behind the benchmark.