Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 15.96.
Forward PE Ratio (15.96) = Close Price ($23.88) / Consensus Forward EPS ($1.50)
FORWARD PE RATIO
15.96
SECTOR MEDIAN · CONSUMER DEFENSIVE
17.16
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-6.97%
vs the sector median at left
Hormel Foods Corporation
Market Cap
$13.15B
Forward PE Ratio
15.96
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Hormel Foods Corporation (HRL) | $13.15B | 15.96 |
| Brown-Forman Corporation (BF-B)vs › | $13.26B | 16.33 |
| The J. M. Smucker Company (SJM)vs › | $13.29B | 13.78 |
| The Clorox Company (CLX)vs › | $12.90B | 19.32 |
| McCormick & Company, Incorporated (MKC)vs › | $14.90B | 17.95 |
| Smithfield Foods, Inc. (SFD)vs › | $8.75B | 8.89 |
| Celsius Holdings, Inc. (CELH)vs › | $8.53B | N/A |
| Molson Coors Beverage Company (TAP)vs › | $8.05B | 9.10 |
| Conagra Brands, Inc. (CAG)vs › | $7.87B | 9.69 |
| Lamb Weston Holdings, Inc. (LW)vs › | $7.38B | 19.35 |
Trailing P/E
28.1
reported TTM EPS
Forward P/E
16.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.50 implies +76.5% EPS growth vs the reported trailing $0.85.
At today's $23.88 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-10-26 | $1.50 | $1.49 – $1.51 | 6 | 16.0x |
| 2027-10-26 | $1.58 | $1.43 – $1.64 | 6 | 15.1x |
| 2028-10-26 | $1.68 | $1.57 – $1.80 | 2 | 14.2x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
