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GIS General Mills PE ratio, current and historical analysis

As of Jun 14, 2024, the GIS stock has a PE ratio of 14.89. The calculation is based on the latest EPS of $4.4 and the stock price of $65.5 per share. A decrease of 10% has been observed in the PE ratio compared to its average of 16.6 of the last four quarters.

GIS PE ratio history

How has GIS's PE ratio performed in the past

The mean historical PE ratio of General Mills over the last ten years is 18.26. The current 14.89 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.

Average
18.26
Median
17.23
Minimum
11.56
Maximum
27.8

General Mills PE ratio by year

Maximum annual increase: 56.49% in 2019

Maximum annual decrease: -43.14% in 2018

Year PE ratio Change
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%
2014 18.56 8.35%

GIS average PE ratio chart

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

Currently, GIS's PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
16.6
5-year avg
16.29
10-year avg
18.26
15-year avg
17.33

GIS PE vs peers

What is GIS's PE ratio compared to its peers

In comparison to its peers MDLZ and K, GIS's PE ratio is lower, but it is higher than CAG's. General Mills's current PE ratio of 14.89 is lower than the average of its peers, which is 18.6.

Stock name PE ratio Market cap
CAG Conagra Brands Inc 14.24 $13.55B
GIS General Mills Inc 14.89 $36.98B
POST Post Holdings Inc 17.94 $6.12B
MDLZ Mondelez International Inc 20.84 $88.33B
K Kellogg Co 21.38 $19.67B
THS TreeHouse Foods Inc 76.7 $1.86B
SJM J M SMUCKER Co N/A $11.85B
HAIN Hain Celestial Group Inc N/A $620.82M

Frequently asked questions

What is General Mills's PE ratio?

GIS's price to earnings ratio is 14.89 as of Jun 14, 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 16.6.

What is the 5-year average PE ratio for General Mills (GIS)?

The 5-year average price to earnings ratio for GIS stock is 16.29.

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 (Jun 14, 2024), General Mills's share price is $65.5. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $4.4. Therefore, General Mills's PE ratio for today is 14.89. PE RATIO(14.89) = STOCK PRICE($65.5) / TTM EPS($4.4)

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