Start with its own history
At 18.74×, LW is 25.4% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · LWPackaged FoodsUpdated Nov 5, 2026
Lamb Weston Holdings, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
18.74×
25.4% belowthe 10-year annual average
Share price56.6
÷Earnings per share3.02
Price and EPS in quote currency. Calculation details
Investors are paying 18.74 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 25.12×
3-year average20.13×3 positive annual observations
5-year average25.07×5 positive annual observations
10-year average25.12×10 positive annual observations
Peer median · TTM16.29×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 10 observations
| Period end | P/E | Change |
|---|---|---|
| May 31, 2026 | 20.37× | -8.3% |
| May 31, 2025 | 22.22× | +24.8% |
| May 26, 2024 | 17.81× | +13.6% |
| May 28, 2023 | 15.68× | -68.2% |
| May 29, 2022 | 49.27× | +29.6% |
| May 30, 2021 | 38.01× | +54.3% |
| May 31, 2020 | 24.64× | +26.5% |
| May 26, 2019 | 19.48× | -15.8% |
View all 10 annual observations +
| Period end | P/E | Change |
|---|---|---|
| May 27, 2018 | 23.12× | +12.4% |
| May 28, 2017 | 20.57× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How LW compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 LW This stockLamb Weston Holdings, Inc. | 18.74× |
 CPBCampbell Soup Company | 17.36× |
 CAGConagra Brands, Inc. | N/M |
 PPCPilgrim's Pride Corporation | 21.49× |
 INGRIngredion Incorporated | 10.48× |
 EDUNew Oriental Education & Technology Group Inc. | 16.29× |
 SJMThe J. M. Smucker Company | 61.60× |
 POSTPost Holdings, Inc. | 14.21× |
 SFDSmithfield Foods, Inc. | 8.61× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does LW’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 16.29×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take LW into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("LW", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 56.6 ÷ EPS 3.02 = 18.74×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
LW P/E ratio: common questions
The essentials behind the numbers.
Lamb Weston Holdings, Inc.'s current P/E is 18.74× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.