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CAG Conagra Brands PE ratio, current and historical analysis

As of Jun 12, 2024, the Conagra Brands stock's price-to-earnings ratio is 14.43. This results from the current EPS of $1.99 and stock price of $28.72. The PE ratio has decreased by 12% from the past four quarters average of 16.4.

CAG PE ratio history

How has CAG's PE ratio performed in the past

The PE ratio of Conagra Brands has averaged 20.13 over the last ten years. The current P/E ratio of 14.43 is 28% lower than the historical average. In the past ten years, CAG's PE ratio peaked in the Nov 2014 quarter at 37.38, when the stock price was $35.51 and the EPS was $0.95. 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.

Average
20.13
Median
18.8
Minimum
13.22
Maximum
37.38

Conagra Brands PE ratio by year

Maximum annual increase: 137.43% in 2014

Maximum annual decrease: -29.46% in 2021

Year PE ratio Change
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
2014 43.9 137.43%

CAG average PE ratio chart

What is the average PE ratio of CAG for the past years

CAG's current P/E ratio is lower than the 3, 5 and 10-year averages.

3-year avg
18.56
5-year avg
18.08
10-year avg
20.13
15-year avg
19.42

CAG PE vs peers

What is CAG's PE ratio compared to its peers

In comparison to its peer stocks PEP and MDLZ, CAG's PE ratio is lower. Conagra Brands's PE ratio is trading below the peer group average of 24.72.

Stock name PE ratio Market cap
CAG Conagra Brands Inc 14.36 $13.66B
GIS General Mills Inc 14.91 $37.04B
MDLZ Mondelez International Inc 20.91 $88.64B
PEP Pepsico Inc 24.45 $224.52B
LANC Lancaster Colony Corp 38.35 $5.1B
THS TreeHouse Foods Inc 76.8 $1.86B
SJM J M SMUCKER Co N/A $11.78B
HAIN Hain Celestial Group Inc N/A $629.81M

Frequently asked questions

What is Conagra Brands's PE ratio?

The price to earnings ratio for CAG stock as of Jun 12, 2024, stands at 14.43.

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 18.56.

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 18.08.

What is the highest PE ratio for CAG?

The highest quarterly PE ratio in the last ten years has been 37.38 and it was in the Nov 2014 quarter.

How does the current PE ratio for CAG compare to its historical average?

CAG's price to earnings ratio is currently 28% below 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 (Jun 12, 2024), Conagra Brands's stock price is $28.72. The earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $1.99. Therefore, Conagra Brands's PE ratio for today is 14.43. PE RATIO(14.43) = STOCK PRICE($28.72) / TTM EPS($1.99)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.