HRL Hormel Foods PE ratio, current and historical analysis
The current PE ratio for Hormel Foods stock as of Nov 21, 2024 is 21.33. This is calculated based on the TTM EPS of $1.43 and the stock price of $30.5 per share. The PE ratio marks a decrease of 6% from its last 4 quarters average of 22.6.
HRL PE ratio history
The average historical PE ratio of Hormel Foods for the last ten years is 24.11. The current P/E ratio of 21.33 is 12% 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: 32.43% in 2020
Maximum annual decrease: -16.53% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 21.65 | -15.16% |
| 2022 | 25.52 | 1.31% |
| 2021 | 25.19 | -14.2% |
| 2020 | 29.36 | 32.43% |
| 2019 | 22.17 | 2.88% |
| 2018 | 21.55 | 13.48% |
| 2017 | 18.99 | -16.53% |
| 2016 | 22.75 | -13.43% |
| 2015 | 26.28 | 14.06% |
| 2014 | 23.04 | 5.64% |
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 TSN and CAG, HRL's PE ratio is lower, but it is higher than PPC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PPC Pilgrims Pride Corp | 12.53 | $12.39B |
| HRL Hormel Foods Corp | 21.33 | $16.73B |
| CAG Conagra Brands Inc | 26.38 | $12.97B |
| TSN Tyson Foods Inc | 27.61 | $22.69B |
| SEB Seaboard Corp | N/A | $2.6B |
Frequently asked questions
What is Hormel Foods's PE ratio?
The price to earnings ratio for HRL stock is 21.33 as of Nov 21, 2024.
What is the 3-year average PE ratio for Hormel Foods (HRL)?
The 3-year average price to earnings ratio for HRL stock is 24.88.
What is the 5-year average PE ratio for Hormel Foods (HRL)?
The 5-year average price to earnings ratio for HRL stock is 26.07.
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 12% 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 (Nov 21, 2024), Hormel Foods's share price is $30.5. The company's earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $1.43. Therefore, Hormel Foods's PE ratio for today is 21.33. PE RATIO(21.33) = STOCK PRICE($30.5) / TTM EPS($1.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.