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. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 25, the EV to EBITDA ratio is 15.81, and the PEG ratio is 1.89, indicating a reasonable valuation relative to its earnings growth potential.
In comparison to its peers, Lancaster Colony Corp. has a higher P/E ratio than The J. M. Smucker Co. at 23.79 and Conagra Brands, Inc. at 8.91, suggesting that while it is fairly valued, it is priced at a premium compared to some competitors. The company's recent stock performance shows a 1-week return of 2.09%, outperforming the S&P 500's return of 1.70%, but it has underperformed over longer periods, including a 1-year return of -5.66% compared to the S&P 500's 14.08%.