P/E ratio for Hormel Foods (HRL)

P/E ratio history for Hormel Foods 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
Tyson Foods TSN	59.0	207.19%	🇺🇸 USA
Seaboard SEB	8.15	-57.57%	🇺🇸 USA
Pilgrim's Pride PPC	386	1,907.56%	🇺🇸 USA
BRF BRFS	-17.0	-188.46%	🇧🇷 Brazil
Conagra Brands CAG	12.8	-33.40%	🇺🇸 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.