As at Oct 2, 2023, the HSY stock has a PE ratio of 24.36. This is based on the current EPS of $8.17 and the stock price of $199.01 per share. A decrease of 22% has been seen in the P/E ratio compared to the average of 31.3 of the last 4 quarters.
The mean historical PE ratio of Hershey over the last ten years is 29.95. The current 24.36 PE ratio is 19% below the historical average. Over the past ten years, HSY's PE ratio was at its highest in the Oct 2015 quarter at 44.07, with a price of $94.31 and an EPS of $2.14. The Jul 2018 quarter recorded the bottom point at 20.41, with a price of $93.06 and an EPS of $4.56.
Maximum annual increase: 40.39% in 2019
Maximum annual decrease: -38.03% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 31 | 7.04% |
| 2021 | 28.96 | 8.75% |
| 2020 | 26.63 | -7.24% |
| 2019 | 28.71 | 40.39% |
| 2018 | 20.45 | -38.03% |
| 2017 | 33 | 0.52% |
| 2016 | 32.83 | -19.46% |
| 2015 | 40.76 | 38.83% |
| 2014 | 29.36 | 2.37% |
| 2013 | 28.68 | 8.43% |
The current PE ratio of HSY is below the 3, 5 and 10-year averages.
HSY's PE ratio is higher than its peer stocks MDLZ and GIS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GIS General Mills Inc | 15.2 | $36.57B |
| JBSS Sanfilippo John B & Son Inc | 17.98 | $1.13B |
| MDLZ Mondelez International Inc | 22.38 | $91.93B |
| HSY Hershey Co | 24.18 | $40.39B |
| HAIN Hain Celestial Group Inc | N/A | $916.21M |
HSY's price to earnings ratio is 24.36 as of Oct 2, 2023.
As an average over the last 3 years, HSY stock has a PE ratio of 29.02.
As an average over the last 5 years, HSY stock has a PE ratio of 27.45.
In the last ten years, the Oct 2015 quarter recorded the highest quarterly PE ratio at 44.07.
HSY's current price to earnings ratio is 19% below its 10-year historical average.
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 (Oct 2, 2023), Hershey's stock price is $199.01. The earnings per share for the trailing twelve months (TTM) ending Jul 2023 is $8.17. Therefore, Hershey's P/E ratio for today is 24.36. PE RATIO(24.36) = STOCK PRICE($199.01) / TTM EPS($8.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.