Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.97 as of Sunday, July 26, 2026.
Forward PE Ratio (16.97) = Close Price ($25.31) / Consensus Forward EPS ($1.49)
FORWARD PE RATIO
16.97
SECTOR MEDIAN · CONSUMER DEFENSIVE
17.29
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
-1.85%
vs the sector median at left
Hormel Foods Corporation
Market Cap
$13.92B
Forward PE Ratio
16.97
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Hormel Foods Corporation (HRL) | $13.92B | 16.97 |
| McCormick & Company, Incorporated (MKC)vs › | $13.43B | 16.18 |
| The J. M. Smucker Company (SJM)vs › | $12.65B | 13.12 |
| Brown-Forman Corporation (BF-B)vs › | $12.16B | 14.98 |
| The Clorox Company (CLX)vs › | $11.55B | 17.29 |
| Smithfield Foods, Inc. (SFD)vs › | $10.33B | 9.92 |
| General Mills, Inc. (GIS)vs › | $19.23B | 10.58 |
| Molson Coors Beverage Company (TAP)vs › | $7.68B | 8.68 |
| Tyson Foods, Inc. (TSN)vs › | $20.45B | 14.41 |
| Conagra Brands, Inc. (CAG)vs › | $7.07B | 8.71 |
Trailing P/E
29.8
reported TTM EPS
Forward P/E
17.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.49 implies +75.3% EPS growth vs the reported trailing $0.85.
At today's $25.31 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 | 17.0x |
| 2027-10-26 | $1.57 | $1.43 – $1.63 | 6 | 16.1x |
| 2028-10-26 | $1.68 | $1.58 – $1.79 | 2 | 15.0x |
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
