HRL Hormel Foods PE ratio, current and historical analysis

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Relative Growth: Rel. Growth: 23
Relative Strength: Rel. Strength: 40
Relative Valuation: Rel. Valuation: 56
Relative Profitability: Rel. Profitability: 40

The current PE ratio for Hormel Foods stock as of Jun 16, 2026 is 29.0. This is calculated based on the TTM EPS of $0.85 and the stock price of $24.65 per share. The PE ratio has grown by 14% from its last 4 quarters average of 25.4.

HRL PE ratio history

How has HRL's PE ratio performed in the past

The average historical PE ratio of Hormel Foods for the last ten years is 24.05. The current P/E ratio of 29.0 is 21% higher 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.

Today
29
Average
24.05
Median
23.25
Minimum
18.99
Maximum
29.6

Hormel Foods PE ratio by year

Maximum annual increase: 42.68% in 2013

Maximum annual decrease: -16.53% in 2017

Year PE ratio PE change Price EPS
2025 27.39 29.63% $23.83 $0.87
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 4.58% $26.27 $1.14
2013 22.03 42.68% $21.81 $0.99
2012 15.44 -8.26% $14.67 $0.95
2011 16.83 8.51% $14.98 $0.89

Hormel Foods PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Apr 2026 25.35 -8.29% $21.55 $0.85
Jan 2026 27.64 0.91% $24.6 $0.89
Oct 2025 27.39 28.35% $23.83 $0.87
Jul 2025 21.34 -2.29% $29.24 $1.37
Apr 2025 21.84 -2.41% $29.7 $1.36
Jan 2025 22.38 5.92% $30.88 $1.38
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

HRL Price vs fair value

How does HRL's price compare to its estimated fair value based on its growth

HRL average PE ratio chart

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

HRL's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
23.56
5-year avg
24.78
10-year avg
24.05
15-year avg
22.93

PE comparison

Hormel Foods's price to earnings (P/E) of 29 is higher than the Consumer Defensive sector and the industry average. In comparison with the Consumer Defensive sector average of 21.69, Hormel Foods's price to earnings (P/E) is 34% higher.

HRL PE vs peers

What is HRL's PE ratio compared to its peers

In comparison to its peer TSN, HRL's PE ratio is lower, but it is higher than PPC's and SEB's.

Stock name PE ratio Market cap
PPC Pilgrims Pride Corp 7.78 $6.92B
SEB Seaboard Corp 8.36 $4.85B
HRL Hormel Foods Corp 29 $13.57B
TSN Tyson Foods Inc 43.36 $20.16B
CAG Conagra Brands Inc N/A $6.49B

Frequently asked questions

What is Hormel Foods's PE ratio?

The price to earnings ratio for HRL stock is 29 as of Jun 16, 2026.

What is the 3-year average PE ratio for Hormel Foods (HRL)?

The 3-year average price to earnings ratio for HRL stock is 23.56.

What is the 5-year average PE ratio for Hormel Foods (HRL)?

The 5-year average price to earnings ratio for HRL stock is 24.78.

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 21% higher 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 (Jun 16, 2026), Hormel Foods's share price is $24.65. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $0.85. Therefore, Hormel Foods's PE ratio for today is 29. PE RATIO(29) = STOCK PRICE($24.65) / TTM EPS($0.85)

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