Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.49 as of Saturday, August 1, 2026.
Forward PE Ratio (16.49) = Close Price ($50.90) / Consensus Forward EPS ($3.09)
FORWARD PE RATIO
16.49
SECTOR MEDIAN · CONSUMER DEFENSIVE
17.30
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
-4.68%
vs the sector median at left
McCormick & Company, Incorporated
Market Cap
$13.68B
Forward PE Ratio
16.49
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| McCormick & Company, Incorporated (MKC) | $13.68B | 16.49 |
| Hormel Foods Corporation (HRL)vs › | $13.76B | 16.77 |
| Brown-Forman Corporation (BF-B)vs › | $13.40B | 16.50 |
| The J. M. Smucker Company (SJM)vs › | $12.75B | 13.22 |
| The Clorox Company (CLX)vs › | $11.55B | 17.30 |
| Smithfield Foods, Inc. (SFD)vs › | $10.25B | 9.84 |
| General Mills, Inc. (GIS)vs › | $19.08B | 10.50 |
| Molson Coors Beverage Company (TAP)vs › | $7.79B | 8.84 |
| Celsius Holdings, Inc. (CELH)vs › | $7.47B | 18.28 |
| Lamb Weston Holdings, Inc. (LW)vs › | $7.22B | 18.94 |
Trailing P/E
8.5
reported TTM EPS
Forward P/E
16.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.09 implies -48.6% EPS decline vs the reported trailing $6.01.
At today's $50.90 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.
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
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2026-11-30 | $3.09 | $3.05 – $3.11 | 7 | 16.5x |
| 2027-11-30 | $3.30 | $3.23 – $3.32 | 7 | 15.4x |
| 2028-11-30 | $3.64 | $3.48 – $3.74 | 6 | 14.0x |
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.
