HSY
Hershey
PE ratio, current and historical analysis
- Stocks
- Consumer Defensive
- NYSE: HSY
- PE Ratio
As at Jun 10, 2026, the HSY stock has a PE ratio of 31.99. This is based on the current EPS of $5.52 and the stock price of $176.61 per share. The current PE ratio is comparable to the past four-quarter average.
HSY PE ratio history
The mean historical PE ratio of Hershey over the last ten years is 25.4. The current 31.99 PE ratio is 26% above the historical average. Over the past ten years, HSY's PE ratio was at its highest in the Dec 2025 quarter at 40.8, with a price of $181.98 and an EPS of $4.46. The Dec 2024 quarter recorded the bottom point at 15.09, with a price of $169.35 and an EPS of $11.22.
Hershey PE ratio by year
Maximum annual increase: 170.38% in 2025
Maximum annual decrease: -37.86% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 40.8 | 170.38% | $181.98 | $4.46 |
| 2024 | 15.09 | -24.66% | $169.35 | $11.22 |
| 2023 | 20.03 | -28.9% | $186.44 | $9.31 |
| 2022 | 28.17 | 6.87% | $231.57 | $8.22 |
| 2021 | 26.36 | 9.02% | $193.47 | $7.34 |
| 2020 | 24.18 | -7.21% | $152.33 | $6.3 |
| 2019 | 26.06 | 40.03% | $146.98 | $5.64 |
| 2018 | 18.61 | -37.86% | $107.18 | $5.76 |
| 2017 | 29.95 | -0.1% | $113.51 | $3.79 |
| 2016 | 29.98 | -19.41% | $103.43 | $3.45 |
| 2015 | 37.2 | 39.95% | $89.27 | $2.4 |
| 2014 | 26.58 | 2.78% | $103.93 | $3.91 |
| 2013 | 25.86 | 7.79% | $97.23 | $3.76 |
| 2012 | 23.99 | 10.65% | $72.22 | $3.01 |
| 2011 | 21.68 | 5.29% | $61.78 | $2.85 |
Hershey PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 38.72 | -5.1% | $213.73 | $5.52 |
| Dec 2025 | 40.8 | 49.45% | $181.98 | $4.46 |
| Sep 2025 | 27.3 | 26.68% | $188.11 | $6.89 |
| Jun 2025 | 21.55 | 5.95% | $166.99 | $7.75 |
| Mar 2025 | 20.34 | 34.79% | $169.86 | $8.35 |
| Dec 2024 | 15.09 | -30.3% | $169.35 | $11.22 |
| Sep 2024 | 21.65 | 9.18% | $193.36 | $8.93 |
| Jun 2024 | 19.83 | 5.82% | $183.83 | $9.27 |
| Mar 2024 | 18.74 | -6.44% | $194.5 | $10.38 |
| Dec 2023 | 20.03 | -4.3% | $186.44 | $9.31 |
| Oct 2023 | 20.93 | -24.9% | $200.08 | $9.56 |
| Jul 2023 | 27.87 | -6.88% | $249.7 | $8.96 |
| Apr 2023 | 29.93 | 6.25% | $254.41 | $8.5 |
| Dec 2022 | 28.17 | 0.93% | $231.57 | $8.22 |
| Oct 2022 | 27.91 | 2.53% | $220.47 | $7.9 |
HSY Price vs fair value
HSY average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of HSY is greater than its 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 31.99, HSY is above the Consumer Defensive sector average. Compared to its Consumer Defensive sector average of 22.2, Hershey's P/E is 44% higher.
HSY PE vs peers
HSY's PE ratio is higher than its peer stocks MDLZ and GIS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GIS General Mills Inc | 8.27 | $18.05B |
| JBSS Sanfilippo John B & Son Inc | 13.51 | $906.41M |
| MDLZ Mondelez International Inc | 31.52 | $81.33B |
| HSY Hershey Co | 32.76 | $36.68B |
| HAIN Hain Celestial Group Inc | N/A | $56.88M |
Frequently asked questions
What is Hershey's PE ratio?
HSY's price to earnings ratio is 31.99 as of Jun 10, 2026.
What is the 3-year average PE ratio for Hershey (HSY)?
As an average over the last 3 years, HSY stock has a PE ratio of 24.4.
What is the 5-year average PE ratio for Hershey (HSY)?
As an average over the last 5 years, HSY stock has a PE ratio of 25.41.
What is the highest PE ratio for HSY?
In the last ten years, the Dec 2025 quarter recorded the highest quarterly PE ratio at 40.8.
How does the current PE ratio for HSY compare to its historical average?
HSY's current price to earnings ratio is 26% above its 10-year historical average.
How is HSY's PE ratio calculated (Hershey PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 10, 2026), Hershey's stock price is $176.61. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $5.52. Therefore, Hershey's P/E ratio for today is 31.99. PE RATIO(31.99) = STOCK PRICE($176.61) / TTM EPS($5.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.