Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 14.25.
Forward PE Ratio (14.25) = Close Price ($21.23) / Consensus Forward EPS ($1.49)
FORWARD PE RATIO
14.25
SECTOR MEDIAN · CONSUMER DEFENSIVE
16.19
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
-11.98%
vs the sector median at left
Hormel Foods Corporation
Market Cap
$11.68B
Forward PE Ratio
14.25
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Hormel Foods Corporation (HRL) | $11.68B | 14.25 |
| The Clorox Company (CLX)vs › | $11.08B | 16.59 |
| Brown-Forman Corporation (BF-B)vs › | $12.31B | 15.15 |
| The J. M. Smucker Company (SJM)vs › | $13.32B | N/A |
| McCormick & Company, Incorporated (MKC)vs › | $13.95B | 16.82 |
| Smithfield Foods, Inc. (SFD)vs › | $8.66B | 8.92 |
| Celsius Holdings, Inc. (CELH)vs › | $7.56B | N/A |
| Conagra Brands, Inc. (CAG)vs › | $7.31B | 9.00 |
| Molson Coors Beverage Company (TAP)vs › | $7.28B | 8.58 |
| Sprouts Farmers Market, Inc. (SFM)vs › | $7.10B | 14.62 |
Trailing P/E
33.7
reported TTM EPS
Forward P/E
14.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.49 implies +136.5% EPS growth vs the reported trailing $0.63.
At today's $21.23 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 | $1.49 | $1.48 – $1.50 | 6 | 14.3x |
| 2027-10-26 | $1.57 | $1.43 – $1.63 | 6 | 13.5x |
| 2028-10-26 | $1.67 | $1.57 – $1.77 | 2 | 12.7x |
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
