Is Lancaster Colony Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Lancaster Colony Corp. has moved from very expensive to fair, indicating a shift in its perceived value. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 25, an EV to EBITDA of 15.81, and a PEG ratio of 1.89. In comparison to peers, The J. M. Smucker Co. has a lower P/E of 23.79, while Conagra Brands, Inc. stands out with a very attractive P/E of 8.91.
Despite the recent grade change, Lancaster Colony Corp. has underperformed relative to the S&P 500 over various time frames, with a 1-year return of -5.66% compared to the S&P 500's 14.08%. This underperformance reinforces the notion that while the stock is fairly valued, it may not present an attractive investment opportunity at this time.