Based on the literature, the load vs. in-plane displacement diagram (P-u curve) is not sufficiently indicative to provide a reliable determination of the critical buckling load, Pcr. This attitude is rooted in three issues. First, the P-u curve often exhibits very gradual slope changes, second, it concerns unavoidable graph fluctuations caused by imperfections in specimens or boundary conditions, and third, the P-u curve behavior during the buckling phenomenon is not fully understood. In the present work, a narrative review is conducted to gain a better understanding of the location of Pcr on the P-u curve. Accordingly, a novel method is introduced to correctly extract Pcr from the load vs. in-plane displacement diagram as the most accessible buckling test output, compared to out-of-plane displacement and strain monitoring data, which require additional equipment. The proposed method is highly sensitive to changes in the slope of the graph while significantly reducing the adverse effects of undesired fluctuations. This method is applied to several experimental buckling data for composite laminates as well as sandwich panels, and its reliability and accuracy are confirmed by comparison with other well-known methods.