Shear wall panels are commonly used as lateral load resisting elements to provide stability of the cold-formed steel-framed houses in Australia against wind and earthquake actions. The effectiveness of their lateral resistance behavior is obtained usually by experimental testing although it can also be done by analytical modeling. This paper presents racking test results of steelframed wall panels with different aspect ratios sheathed with fibre cement board subjected to monotonic and cyclic loading protocol. Performance parameters of the wall panels are obtained from the experimentally observed load-deflection curves using various existing methods and evaluation method is proposed. The evaluation method considers various performance characteristics including ductility modification factor, residual displacement recovery and load levels satisfying ultimate and serviceability limit state conditions
