Hormel Foods Corporation

Hormel Foods Corporationverified

HRL

Price:

$30.43

Market Cap:

$16.68B

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the ...[Read more]

Industry

Packaged Foods

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

HRL

The PE Ratio as of July 2024 (TTM) for Hormel Foods Corporation (HRL) is 21.74

According to Hormel Foods Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 21.74. This represents a change of -14.25% compared to the average of 25.35 of the last 4 quarters.

Hormel Foods Corporation (HRL) Historical PE Ratio (quarterly & annually)

How has HRL PE Ratio performed in the past?

The mean historical PE Ratio of Hormel Foods Corporation over the last ten years is 23.75. The current 21.74 PE Ratio has changed 9.05% with respect to the historical average. Over the past ten years (40 quarters), HRL's PE Ratio was at its highest in in the July 2021 quarter at 36.18. The PE Ratio was at its lowest in in the January 2018 quarter at 15.13.

Quarterly (TTM)
Annual

Average

23.75

Median

22.95

Minimum

18.81

Maximum

29.30

Hormel Foods Corporation (HRL) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Hormel Foods Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 32.49%

Maximum Annual PE Ratio = 29.30

Minimum Annual Increase = -17.83%

Minimum Annual PE Ratio = 18.81

Quarterly (TTM)
Annual
YearPE RatioChange
202322.08-12.79%
202225.31-1.02%
202125.57-12.72%
202029.3032.49%
201922.11-1.19%
201822.3818.96%
201718.81-17.83%
201622.89-12.03%
201526.0313.17%
201423.005.11%

Hormel Foods Corporation (HRL) Average PE Ratio

How has HRL PE Ratio performed in the past?

The current PE Ratio of Hormel Foods Corporation (HRL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

24.32

5-year avg

24.87

10-year avg

23.75

Hormel Foods Corporation (HRL) PE Ratio vs. Peers

How is HRL’s PE Ratio compared to its peers?

Hormel Foods Corporation’s PE Ratio is greater than Campbell Soup Company (18.26), greater than General Mills, Inc. (14.36), greater than Kellogg Company (21.02), greater than Lamb Weston Holdings, Inc. (10.92), greater than The J. M. Smucker Company (15.77), greater than Conagra Brands, Inc. (14.23), greater than The Kraft Heinz Company (13.72),

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