Is Louisiana-Pacific Corp. overvalued or undervalued?

As of 4 September 2025, Louisiana-Pacific Corp. has moved from an attractive to a fair valuation grade. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 19, an EV to EBITDA of 12.38, and a PEG ratio of 0.56, indicating a reasonable valuation relative to its growth prospects.
In comparison to peers, Louisiana-Pacific's P/E ratio is higher than Mohawk Industries, which has a P/E of 17.49, but lower than Trex Co., which is considered expensive at 44.85. Additionally, UFP Industries has a fair valuation with a P/E of 18.30. Despite the recent downturn, where Louisiana-Pacific's stock has underperformed against the S&P 500 over the past year with a return of -10.44% compared to 17.14%, its long-term performance remains strong, with a 5-year return of 192.13% versus the S&P 500's 96.61%.