P/E ratio for Conagra Brands (CAG)
P/E ratio as of May 2024 (TTM): 13.5
According to Conagra Brands 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.533. 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 |
|---|---|---|
| 2022 | 27.3 | 81.96% |
| 2021 | 15.0 | -6.23% |
| 2020 | 16.0 | -23.02% |
| 2019 | 20.8 | 79.73% |
| 2018 | 11.5 | -47.89% |
| 2017 | 22.2 | -19.88% |
| 2016 | 27.7 | -459.11% |
| 2015 | -7.70 | -125.91% |
| 2014 | 29.7 | 90.38% |
| 2013 | 15.6 | 7.44% |
| 2012 | 14.5 | 22.35% |
| 2011 | 11.9 | 2.05% |
| 2010 | 11.6 | 12.23% |
| 2009 | 10.4 | 92.18% |
| 2008 | 5.40 | -52.5% |
| 2007 | 11.4 | -56.21% |
| 2006 | 25.9 | 141.62% |
| 2005 | 10.7 | -31.14% |
| 2004 | 15.6 | 9.32% |
| 2003 | 14.3 | 9.91% |
| 2002 | 13.0 | -12.32% |
| 2001 | 14.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Pepsico PEP | 29.6 | 118.65% | 🇺🇸 USA |
 General Mills GIS | 16.9 | 24.78% | 🇺🇸 USA |
 J.M. Smucker Company SJM | -753 | -5,663.68% | 🇺🇸 USA |
 Mondelez MDLZ | 21.1 | 55.90% | 🇺🇸 USA |
 Hain Celestial HAIN | -5.12 | -137.86% | 🇺🇸 USA |
 Lancaster Colony Corporation
LANC | 36.5 | 169.68% | 🇺🇸 USA |
 TreeHouse Foods
THS | -26.3 | -294.37% | 🇺🇸 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.