General Mills (GIS) valuation
General Mills P/E ratio history
General Mills has no meaningful price to earnings ratio at the last close, which happens when earnings over the last twelve months are negative or close to zero. At its last 9 fiscal year ends its P/E ranged from 11.7 (year to May 2018) to 20.7 (year to May 2017), with a median of 16.6.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| May 31, 2026 | $33.81 | -$0.18 | n/m | 10.2 |
| May 25, 2025 | $53.38 | $4.10 | 13.0 | 13.1 |
| May 26, 2024 | $68.30 | $4.31 | 15.9 | 14.7 |
| May 28, 2023 | $84.18 | $4.31 | 19.5 | 19.0 |
| May 29, 2022 | $69.89 | $4.43 | 15.8 | 18.0 |
| May 30, 2021 | $62.86 | $3.78 | 16.6 | — |
| May 31, 2020 | $63.04 | $3.56 | 17.7 | — |
| May 26, 2019 | $52.81 | $2.90 | 18.2 | — |
| May 27, 2018 | $42.64 | $3.64 | 11.7 | — |
| May 28, 2017 | $57.32 | $2.77 | 20.7 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
General Mills valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| General MillsGIS | $18.3B | — | 11.1 | 1.0 |
| Tyson FoodsTSN | $20.1B | 35.2 | 15.0 | 0.4 |
| J.M. Smucker Company (The)SJM | $13.9B | 60.7 | 12.5 | 1.5 |
| McCormick &MKC | $12.7B | 8.6 | 14.8 | 1.7 |
| Hormel FoodsHRL | $11.7B | 33.8 | 13.8 | 1.0 |
| Kraft HeinzKHC | $28.9B | — | 11.8 | 1.2 |
| Hershey Company (The)HSY | $33.3B | 18.7 | — | 2.7 |
| Conagra BrandsCAG | $6.97B | — | 9.9 | 0.6 |
| Campbell's Company (The)CPB | $6.39B | 16.4 | 12.6 | 0.7 |
| Peer median | 26.3 | 12.6 | 1.1 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: GIS financials · GIS returns
No forecast, no recommendation. This page describes General Mills from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.