Conagra Brands
CAG
#1296
Rank
$13.27 B
Marketcap
$27.78
Share price
-1.07%
Change (1 day)
-22.27%
Change (1 year)
Categories
ConAgra Foods, Inc., is one of the largest food manufacturers in the United States. The company's portfolio includes Birds Eye, Marie Callender's, Healthy Choice, Duke's Meats, Reddi-Wip, Slim Jim and BOOMCHICKAPOP.

P/E ratio for Conagra Brands (CAG)

P/E ratio as of March 2024 (TTM): 12.4

According to Conagra Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.37. At the end of 2022 the company had a P/E ratio of 27.3.

P/E ratio history for Conagra Brands from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202227.381.96%
202115.0-6.23%
202016.0-23.02%
201920.879.73%
201811.5-47.89%
201722.2-19.88%
201627.7-459.11%
2015-7.70-125.91%
201429.790.38%
201315.67.44%
201214.522.35%
201111.92.05%
201011.612.23%
200910.492.18%
20085.40-52.5%
200711.4-56.21%
200625.9141.62%
200510.7-31.14%
200415.69.32%
200314.39.91%
200213.0-12.32%
200114.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
27.5 122.17%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5 25.32%๐Ÿ‡บ๐Ÿ‡ธ USA
-801-6,576.42%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7 75.80%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.69-162.19%๐Ÿ‡บ๐Ÿ‡ธ USA
39.0 215.02%๐Ÿ‡บ๐Ÿ‡ธ USA
-26.5-314.32%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.