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HRL Hormel Foods PE ratio, current and historical analysis

The current PE ratio for Hormel Foods stock as of Jun 18, 2024 is 21.54. This is calculated based on the TTM EPS of $1.41 and the stock price of $30.37 per share. The PE ratio marks a decrease of 8% from its last 4 quarters average of 23.3.

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 21.54 is 10% 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.

Average
24.05
Median
23.25
Minimum
18.99
Maximum
29.6

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

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

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

3-year avg
25.5
5-year avg
25.88
10-year avg
24.05
15-year avg
21.79

HRL PE vs peers

What is HRL's PE ratio compared to its peers

In comparison to its peer stocks CAG and PPC, HRL's PE ratio is higher.

Stock name PE ratio Market cap
SEB Seaboard Corp 12.49 $2.89B
CAG Conagra Brands Inc 14.39 $13.69B
PPC Pilgrims Pride Corp 17.46 $8.6B
HRL Hormel Foods Corp 21.67 $16.76B
TSN Tyson Foods Inc N/A $19.97B

Frequently asked questions

What is Hormel Foods's PE ratio?

The price to earnings ratio for HRL stock is 21.54 as of Jun 18, 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 25.5.

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

The 5-year average price to earnings ratio for HRL stock is 25.88.

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 10% 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 (Jun 18, 2024), Hormel Foods's share price is $30.37. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $1.41. Therefore, Hormel Foods's PE ratio for today is 21.54. PE RATIO(21.54) = STOCK PRICE($30.37) / TTM EPS($1.41)

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