GIS General Mills PE ratio, current and historical analysis
As of Nov 19, 2024, the GIS stock has a PE ratio of 14.84. The calculation is based on the latest EPS of $4.23 and the stock price of $62.78 per share. A decrease of 6% has been observed in the PE ratio compared to its average of 15.8 of the last four quarters.
GIS PE ratio history
The mean historical PE ratio of General Mills over the last ten years is 18.14. The current 14.84 P/E ratio is 18% lower than the historical average. Looking back at the last ten years, GIS's PE ratio peaked in the May 2015 quarter at 27.8, with a price of $56.15 and an EPS of $2.02. The May 2018 quarter marked the lowest point at 11.56, with a price of $42.64 and an EPS of $3.69.
General Mills PE ratio by year
Maximum annual increase: 56.49% in 2019
Maximum annual decrease: -43.14% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 15.74 | -18.49% |
| 2023 | 19.31 | 23.23% |
| 2022 | 15.67 | -5.03% |
| 2021 | 16.5 | -6.04% |
| 2020 | 17.56 | -2.93% |
| 2019 | 18.09 | 56.49% |
| 2018 | 11.56 | -43.14% |
| 2017 | 20.33 | -8.51% |
| 2016 | 22.22 | -20.07% |
| 2015 | 27.8 | 49.78% |
GIS average PE ratio chart
Currently, GIS's PE ratio is lower than its 3, 5 and 10-year averages.
GIS PE vs peers
In comparison to its peer stocks MDLZ and K, GIS's PE ratio is lower. General Mills's current PE ratio of 14.84 is lower than the average of its peers, which is 21.87.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GIS General Mills Inc | 14.84 | $34.85B |
| SJM J M SMUCKER Co | 15.74 | $11.91B |
| POST Post Holdings Inc | 18.02 | $6.45B |
| MDLZ Mondelez International Inc | 22.49 | $85.41B |
| CAG Conagra Brands Inc | 25.71 | $12.64B |
| K Kellogg Co | 27.4 | $27.77B |
| THS TreeHouse Foods Inc | N/A | $1.72B |
| HAIN Hain Celestial Group Inc | N/A | $663.83M |
Frequently asked questions
What is General Mills's PE ratio?
GIS's price to earnings ratio is 14.84 as of Nov 19, 2024.
What is the 3-year average PE ratio for General Mills (GIS)?
The 3-year average price to earnings ratio for GIS stock is 16.66.
What is the 5-year average PE ratio for General Mills (GIS)?
The 5-year average price to earnings ratio for GIS stock is 16.24.
What is the highest PE ratio for GIS?
Over the last ten years, the May 2015 quarter recorded the highest quarterly PE ratio at 27.8.
How does the current PE ratio for GIS compare to its historical average?
GIS's current price to earnings ratio is 18% below its 10-year historical average.
How is GIS's PE ratio calculated (General Mills PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 19, 2024), General Mills's share price is $62.78. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $4.23. Therefore, General Mills's PE ratio for today is 14.84. PE RATIO(14.84) = STOCK PRICE($62.78) / TTM EPS($4.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.