CAG Conagra Brands PE ratio, current and historical analysis
As of Nov 19, 2024, the Conagra Brands stock's price-to-earnings ratio is 25.71. This results from the current EPS of $1.03 and stock price of $26.48. The PE ratio has increased by 3.7% from the past four quarters average of 24.8.
CAG PE ratio history
The PE ratio of Conagra Brands has averaged 21.02 over the last ten years. The current P/E ratio of 25.71 is 22% higher than the historical average. In the past ten years, CAG's PE ratio peaked in the May 2024 quarter at 41.48, when the stock price was $30.28 and the EPS was $0.73. The lowest point was in the Aug 2023 quarter, when it reached 13.22 with a price of $30.02 and an EPS of $2.27.
Conagra Brands PE ratio by year
Maximum annual increase: 70.28% in 2024
Maximum annual decrease: -29.46% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 41.48 | 70.28% |
| 2023 | 24.36 | 35.94% |
| 2022 | 17.92 | 25.58% |
| 2021 | 14.27 | -29.46% |
| 2020 | 20.23 | 7.38% |
| 2019 | 18.84 | 0.69% |
| 2018 | 18.71 | -29.05% |
| 2017 | 26.37 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
CAG average PE ratio chart
CAG's current P/E ratio is above the 3, 5 and 10-year averages.
CAG PE vs peers
In comparison to its peer LANC, CAG's PE ratio is lower, but it is higher than PEP's and MDLZ's. Conagra Brands's PE ratio is trading above the peer group average of 21.42.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GIS General Mills Inc | 14.84 | $34.85B |
| SJM J M SMUCKER Co | 15.74 | $11.91B |
| MDLZ Mondelez International Inc | 22.49 | $85.41B |
| PEP Pepsico Inc | 23.01 | $215.02B |
| CAG Conagra Brands Inc | 25.71 | $12.64B |
| LANC Lancaster Colony Corp | 31.02 | $4.95B |
| THS TreeHouse Foods Inc | N/A | $1.72B |
| HAIN Hain Celestial Group Inc | N/A | $663.83M |
Frequently asked questions
What is Conagra Brands's PE ratio?
The price to earnings ratio for CAG stock as of Nov 19, 2024, stands at 25.71.
What is the 3-year average PE ratio for Conagra Brands (CAG)?
Over the last 3 years, the average price to earnings ratio for CAG stock is 21.84.
What is the 5-year average PE ratio for Conagra Brands (CAG)?
Over the last 5 years, the average price to earnings ratio for CAG stock is 19.75.
What is the highest PE ratio for CAG?
The highest quarterly PE ratio in the last ten years has been 41.48 and it was in the May 2024 quarter.
How does the current PE ratio for CAG compare to its historical average?
CAG's price to earnings ratio is currently 22% above its 10-year historical average.
How is CAG's PE ratio calculated (Conagra Brands PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 19, 2024), Conagra Brands's stock price is $26.48. The earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $1.03. Therefore, Conagra Brands's PE ratio for today is 25.71. PE RATIO(25.71) = STOCK PRICE($26.48) / TTM EPS($1.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.