As of Jul 25, 2024, the GIS stock has a PE ratio of 15.17. The calculation is based on the latest EPS of $4.34 and the stock price of $65.83 per share. A decrease of 3.3% has been observed in the PE ratio compared to its average of 15.7 of the last four quarters.
The mean historical PE ratio of General Mills over the last ten years is 18.2. The current 15.17 P/E ratio is 17% 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.
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% |
Currently, GIS's PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks MDLZ and K, GIS's PE ratio is lower. General Mills's current PE ratio of 15.17 is lower than the average of its peers, which is 23.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GIS General Mills Inc | 15.28 | $37.02B |
| SJM J M SMUCKER Co | 16.55 | $12.55B |
| POST Post Holdings Inc | 19.36 | $6.6B |
| MDLZ Mondelez International Inc | 21.02 | $89.08B |
| K Kellogg Co | 21.36 | $19.65B |
| CAG Conagra Brands Inc | 41.01 | $14.32B |
| THS TreeHouse Foods Inc | 84.22 | $2.04B |
| HAIN Hain Celestial Group Inc | N/A | $667.99M |
GIS's price to earnings ratio is 15.17 as of Jul 25, 2024.
The 3-year average price to earnings ratio for GIS stock is 16.53.
The 5-year average price to earnings ratio for GIS stock is 16.26.
Over the last ten years, the May 2015 quarter recorded the highest quarterly PE ratio at 27.8.
GIS's current price to earnings ratio is 17% below its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), General Mills's share price is $65.83. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $4.34. Therefore, General Mills's PE ratio for today is 15.17. PE RATIO(15.17) = STOCK PRICE($65.83) / TTM EPS($4.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.