Is Owens Corning overvalued or undervalued?

As of 7 July 2025, the valuation grade for Owens Corning has moved from expensive to fair. Based on the current metrics, the company appears fairly valued. Key ratios include a P/E ratio of 13, an EV to EBITDA of 7.82, and a Price to Book Value of 3.30. In comparison, peers like Ball Corp. have a P/E ratio of 38.35, while Crown Holdings, Inc. shows an attractive EV to EBITDA of 10.30, indicating that Owens Corning is positioned competitively within its industry.
Despite the recent stock performance showing a decline of 14.36% over the past year compared to a 17.14% increase in the S&P 500, the long-term outlook remains positive with a 5-year return of 118.43% versus 96.61% for the index. This suggests that while the stock may be underperforming in the short term, it has delivered substantial returns over a longer horizon, reinforcing its fair valuation status.