P/E ratio for General Mills (GIS)

P/E ratio history for General Mills from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Kellogg's K	31.9	107.19%	🇺🇸 USA
Mondelez MDLZ	19.2	24.41%	🇺🇸 USA
TreeHouse Foods THS	-25.4	-264.58%	🇺🇸 USA
J.M. Smucker Company SJM	-747	-4,948.61%	🇺🇸 USA
Hain Celestial HAIN	-5.71	-137.04%	🇺🇸 USA
Conagra Brands CAG	11.9	-22.47%	🇺🇸 USA
Post Holdings POST	20.0	29.77%	🇺🇸 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.