P/E ratio for Hormel Foods (HRL)
P/E ratio as of July 2025 (TTM): 22.5
According to Hormel Foods's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.4926. At the end of 2024 the company had a P/E ratio of 21.3.
P/E ratio history for Hormel Foods from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 21.3 | -2.97% |
| 2023 | 22.0 | -11.64% |
| 2022 | 24.9 | -14.33% |
| 2021 | 29.1 | 4.72% |
| 2020 | 27.7 | 12.55% |
| 2019 | 24.7 | 10.31% |
| 2018 | 22.3 | -1.75% |
| 2017 | 22.7 | 9.77% |
| 2016 | 20.7 | -31.88% |
| 2015 | 30.4 | 33.1% |
| 2014 | 22.9 | 0.67% |
| 2013 | 22.7 | 38.18% |
| 2012 | 16.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tyson Foods
TSN | 20.5 | -8.65% | 🇺🇸 USA |
 Seaboard SEB | -86.6 | -485.16% | 🇺🇸 USA |
 Pilgrim's Pride
PPC | 8.75 | -61.08% | 🇺🇸 USA |
 BRF BRFS | 9.22 | -59.01% | 🇧🇷 Brazil |
 Conagra Brands
CAG | 28.1 | 24.94% | 🇺🇸 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.