Lamb Weston Holdings, Inc. (LW) P/E Ratio History
UndervaluedTrading at 18.4x vs 5Y avg 26.1x · 30th percentile · Below historical baseline · Data 2017–2026
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P/E Ratio Analysis
As of July 6, 2026, Lamb Weston Holdings, Inc. (LW) trades at a price-to-earnings ratio of 18.4x, with a stock price of $45.91 and trailing twelve-month earnings per share of $2.16.
The current P/E is 30% below its 5-year average of 26.1x. Over the past five years, LW's P/E has ranged from a low of 12.9x to a high of 49.3x, placing the current valuation at the 30th percentile of its historical range.
Compared to the Consumer Defensive sector median P/E of 19.5x, LW is roughly in line with its sector peers. The sector includes 150 companies with P/E ratios ranging from 0.0x to 193.7x.
Relative to the broader market, LW trades at a notable discount to the S&P 500 median P/E of 25.6x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our LW DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
LW Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
LW P/E vs Peers
Frozen and refrigerated prepared foods peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $7B | 5.9Lowest | 0.85 | +235%Best | |
| $2B | 11.0 | - | -35% | |
| $1B | 13.5 | 0.56Best | -26% | |
| $3B | 21.4 | - | +184% | |
| $14B | 18.2 | 17.27 | +0% | |
| $14B | 28.7 | - | -41% | |
| $7B | 11.6 | - | +6% | |
| $199B | 23.5 | 1.72 | +5% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
LW Historical P/E Data (2017–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | Feb 22 2026 | $48.27 | $2.14 | 22.6x | -11% |
| FY2026 Q2 | Nov 23 2025 | $57.68 | $2.78 | 20.7x | -18% |
| FY2026 Q1 | Aug 24 2025 | $56.99 | $2.09 | 27.3x | +7% |
| FY2025 Q4 | May 25 2025 | $50.56 | $2.51 | 20.1x | -21% |
| FY2025 Q3 | Feb 23 2025 | $55.80 | $2.55 | 21.9x | -14% |
| FY2025 Q2 | Nov 24 2024 | $76.92 | $2.53 | 30.4x | +20% |
| FY2025 Q1 | Aug 25 2024 | $62.69 | $4.26 | 14.7x | -42% |
| FY2024 Q4 | May 26 2024 | $89.21 | $4.98 | 17.9x | -30% |
| FY2024 Q3 | Feb 25 2024 | $102.67 | $7.49 | 13.7x | -46% |
| FY2024 Q2 | Nov 26 2023 | $99.21 | $7.69 | 12.9x | -49% |
| FY2024 Q1 | Aug 27 2023 | $96.35 | $6.92 | 13.9x | -45% |
| FY2023 Q4 | May 31 2023 | $111.20 | $6.92 | 16.1x | -37% |
| FY2023 Q3 | Feb 26 2023 | $99.98 | $3.74 | 26.7x | +5% |
| FY2023 Q2 | Nov 27 2022 | $86.15 | $3.26 | 26.4x | +4% |
| FY2023 Q1 | Aug 28 2022 | $80.72 | $2.77 | 29.1x | +15% |
| FY2022 Q4 | - | $67.58 | $1.37 | 49.3x | +94% |
| FY2022 Q3 | Feb 27 2022 | $67.84 | $1.59 | 42.7x | +68% |
| FY2022 Q2 | Nov 28 2021 | $52.75 | $1.31 | 40.3x | +58% |
| FY2022 Q1 | Aug 29 2021 | $65.56 | $1.75 | 37.5x | +47% |
| FY2021 Q4 | May 31 2021 | $82.49 | $2.16 | 38.2x | +50% |
| FY2021 Q3 | Feb 28 2021 | $79.77 | $1.71 | 46.7x | +84% |
| FY2021 Q2 | Nov 29 2020 | $73.19 | $2.02 | 36.2x | +43% |
| FY2021 Q1 | Aug 30 2020 | $64.19 | $2.31 | 27.8x | +9% |
| FY2020 Q4 | May 31 2020 | $60.06 | $2.49 | 24.1x | -5% |
| FY2020 Q3 | Feb 23 2020 | $94.84 | $3.25 | 29.2x | +15% |
| FY2020 Q2 | Nov 24 2019 | $82.91 | $3.44 | 24.1x | -5% |
| FY2020 Q1 | Aug 25 2019 | $68.40 | $3.23 | 21.2x | -17% |
| FY2019 Q4 | May 31 2019 | $59.25 | $3.17 | 18.7x | -26% |
| FY2019 Q3 | Feb 24 2019 | $70.50 | $3.10 | 22.7x | -11% |
| FY2019 Q2 | Nov 25 2018 | $81.15 | $3.21 | 25.3x | -1% |
| FY2019 Q1 | Aug 26 2018 | $67.03 | $2.99 | 22.4x | -12% |
| FY2018 Q4 | - | $63.75 | $2.82 | 22.6x | -11% |
| FY2018 Q3 | Feb 25 2018 | $54.71 | $2.65 | 20.6x | -19% |
| FY2018 Q2 | Nov 26 2017 | $54.44 | $2.16 | 25.2x | -1% |
| FY2018 Q1 | Aug 27 2017 | $45.04 | $2.23 | 20.2x | -21% |
| FY2017 Q4 | May 31 2017 | $46.41 | $2.21 | 21.0x | -17% |
| FY2017 Q3 | Feb 26 2017 | $39.58 | $1.99 | 19.9x | -22% |
| FY2017 Q2 | Nov 27 2016 | $32.59 | $2.13 | 15.3x | -40% |
Average P/E for displayed period: 25.4x
Intrinsic Valuation
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Historical Returns
9+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
LW — Frequently Asked Questions
Quick answers to the most common questions about buying LW stock.
What is LW's P/E ratio?
Lamb Weston Holdings, Inc. (LW) trailing twelve-month P/E ratio is 18.4x, based on TTM diluted EPS of $2.16. The 5-year average P/E is 26.1x and the historical range spans 12.9x to 49.3x.
Is LW stock overvalued or undervalued?
LW trades at 18.4x P/E, below its 5-year average of 26.1x. At the 30th percentile of its historical range (12.9x–49.3x), the stock is priced at a discount to its own history.
Is LW stock expensive?
No, LW is not expensive on a historical basis. The current P/E of 18.4x is below the 5-year average of 26.1x and sits at the 30th percentile of its valuation range.
What is LW's historical P/E range?
Over the past 5 years, LW's P/E ratio has ranged from 12.9x to 49.3x, with a median of 26.4x and an average of 26.1x. The current P/E of 18.4x places the stock at the 30th percentile of this range. Full historical data spans 2017–2026.
How does LW's P/E compare to the S&P 500?
LW trades at 18.4x P/E versus the S&P 500 median of 25.6x. The 28% discount to the market suggests lower growth expectations or perceived higher risk.
How does LW's valuation compare to Consumer Defensive peers?
Lamb Weston Holdings, Inc. P/E of 18.4x compares to the Consumer Defensive sector median of 19.5x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is LW's PEG ratio?
LW PEG ratio is N/A, based on a P/E of 18.4x and EPS growth of -49.8%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is LW's earnings yield?
LW earnings yield is 5.45%, the inverse of its 18.4x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.