HRL Hormel Foods PE ratio, current and historical analysis
The current PE ratio for Hormel Foods stock as of Feb 21, 2025 is 20.17. This is calculated based on the TTM EPS of $1.47 and the stock price of $29.65 per share. The PE ratio marks a decrease of 10% from its last 4 quarters average of 22.4.
HRL PE ratio history
The average historical PE ratio of Hormel Foods for the last ten years is 24.07. The current P/E ratio of 20.17 is 16% lower than the historical average. Looking back at the last ten years, HRL's PE ratio peaked in the May 2022 quarter at 29.6, when the price was $52.39 and the EPS was $1.77. The lowest point was in the Oct 2017 quarter, when it reached 18.99 with a price of $30.38 and an EPS of $1.6.
Hormel Foods PE ratio by year
Maximum annual increase: 41.26% in 2013
Maximum annual decrease: -16.53% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 21.13 | -2.4% | $31.06 | $1.47 |
| 2023 | 21.65 | -15.16% | $31.39 | $1.45 |
| 2022 | 25.52 | 1.31% | $46.96 | $1.84 |
| 2021 | 25.19 | -14.2% | $42.32 | $1.68 |
| 2020 | 29.36 | 32.43% | $49.61 | $1.69 |
| 2019 | 22.17 | 2.88% | $40.57 | $1.83 |
| 2018 | 21.55 | 13.48% | $41.17 | $1.91 |
| 2017 | 18.99 | -16.53% | $30.38 | $1.6 |
| 2016 | 22.75 | -13.43% | $38.22 | $1.68 |
| 2015 | 26.28 | 14.06% | $34.17 | $1.3 |
| 2014 | 23.04 | 5.64% | $26.27 | $1.14 |
| 2013 | 21.81 | 41.26% | $21.81 | $1 |
| 2012 | 15.44 | -8.26% | $14.67 | $0.95 |
| 2011 | 16.83 | 8.51% | $14.98 | $0.89 |
| 2010 | 15.51 | 9.38% | $11.48 | $0.74 |
Hormel Foods PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Oct 2024 | 21.13 | -5.59% | $31.06 | $1.47 |
| Jul 2024 | 22.38 | -10.66% | $32.01 | $1.43 |
| Apr 2024 | 25.05 | 17.99% | $35.32 | $1.41 |
| Jan 2024 | 21.23 | -1.94% | $30.99 | $1.46 |
| Oct 2023 | 21.65 | -14.53% | $31.39 | $1.45 |
| Jul 2023 | 25.33 | 7.74% | $41.04 | $1.62 |
| Apr 2023 | 23.51 | -5.73% | $40.44 | $1.72 |
| Jan 2023 | 24.94 | -2.27% | $44.89 | $1.8 |
| Oct 2022 | 25.52 | -4.85% | $46.96 | $1.84 |
| Jul 2022 | 26.82 | -9.39% | $49.34 | $1.84 |
| May 2022 | 29.6 | 7.17% | $52.39 | $1.77 |
| Jan 2022 | 27.62 | 9.65% | $47.23 | $1.71 |
| Oct 2021 | 25.19 | -14.87% | $42.32 | $1.68 |
| Jul 2021 | 29.59 | 5.23% | $47.34 | $1.6 |
| Apr 2021 | 28.12 | 2.18% | $46.39 | $1.65 |
HRL average PE ratio chart
HRL's current PE ratio is lower than its 3, 5 and 10-year averages.
HRL PE vs peers
In comparison to its peers CAG and SEB, HRL's PE ratio is lower, but it is higher than TSN's and PPC's. Hormel Foods's PE ratio is trading below the peer average of 22.07.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PPC Pilgrims Pride Corp | 11.6 | $12.6B |
| TSN Tyson Foods Inc | 19.95 | $21.53B |
| HRL Hormel Foods Corp | 20.17 | $16.28B |
| CAG Conagra Brands Inc | 25.04 | $12.31B |
| SEB Seaboard Corp | 31.7 | $2.79B |
Frequently asked questions
What is Hormel Foods's PE ratio?
The price to earnings ratio for HRL stock is 20.17 as of Feb 21, 2025.
What is the 3-year average PE ratio for Hormel Foods (HRL)?
The 3-year average price to earnings ratio for HRL stock is 24.29.
What is the 5-year average PE ratio for Hormel Foods (HRL)?
The 5-year average price to earnings ratio for HRL stock is 25.83.
What is the highest PE ratio for HRL?
The highest quarterly PE ratio in the last ten years has been 29.6 and it was in the May 2022 quarter.
How does the current PE ratio for HRL compare to its historical average?
The current PE ratio of HRL is 16% lower than the 10-year historical average.
How is HRL's PE ratio calculated (Hormel Foods PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 21, 2025), Hormel Foods's share price is $29.65. The company's earnings per share for the trailing twelve months (TTM) ending Oct 2024 is $1.47. Therefore, Hormel Foods's PE ratio for today is 20.17. PE RATIO(20.17) = STOCK PRICE($29.65) / TTM EPS($1.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.