Hormel Foods (HRL) valuation
Hormel Foods P/E ratio history
Hormel Foods trades at 33.8 times its earnings over the last twelve months and 13.8 times the earnings analysts expect over the next twelve. At its last 10 fiscal year ends its P/E ranged from 19.2 (year to Oct 2017) to 29.7 (year to Oct 2020), with a median of 22.9.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Oct 26, 2025 | $23.83 | $0.87 | 27.4 | 15.7 |
| Oct 27, 2024 | $31.06 | $1.47 | 21.1 | 18.5 |
| Oct 29, 2023 | $31.39 | $1.45 | 21.7 | — |
| Oct 30, 2022 | $46.96 | $1.82 | 25.8 | 23.4 |
| Oct 31, 2021 | $42.32 | $1.66 | 25.5 | 22.7 |
| Oct 25, 2020 | $49.61 | $1.67 | 29.7 | — |
| Oct 27, 2019 | $40.57 | $1.80 | 22.5 | — |
| Oct 28, 2018 | $41.17 | $1.87 | 22.0 | — |
| Oct 29, 2017 | $30.38 | $1.58 | 19.2 | — |
| Oct 30, 2016 | $38.22 | $1.64 | 23.3 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Hormel Foods valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Hormel FoodsHRL | $11.7B | 33.8 | 13.8 | 1.0 |
| McCormick &MKC | $12.7B | 8.6 | 14.8 | 1.7 |
| J.M. Smucker Company (The)SJM | $13.9B | 60.7 | 12.5 | 1.5 |
| General MillsGIS | $18.3B | — | 11.1 | 1.0 |
| Conagra BrandsCAG | $6.97B | — | 9.9 | 0.6 |
| Tyson FoodsTSN | $20.1B | 35.2 | 15.0 | 0.4 |
| Campbell's Company (The)CPB | $6.39B | 16.4 | 12.6 | 0.7 |
| Kraft HeinzKHC | $28.9B | — | 11.8 | 1.2 |
| Hershey Company (The)HSY | $33.3B | 18.7 | — | 2.7 |
| Peer median | 18.7 | 12.5 | 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: HRL financials · HRL returns
No forecast, no recommendation. This page describes Hormel Foods 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.