Start with its own history
At 8.98×, CAG is 57.8% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · CAGPackaged FoodsUpdated Nov 5, 2026
Conagra Brands, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
8.98×
57.8% belowthe 9-observation annual average
Share price15.27
÷Earnings per share1.7
Price and EPS in quote currency. Calculation details
Investors are paying 8.98 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 21.29×
3-year average25.49×2 positive annual observations
5-year average23.31×4 positive annual observations
10-year average21.29×9 positive annual observations
Peer median · TTM26.08×6 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| May 31, 2026 | N/M | N/M |
| May 31, 2025 | 9.50× | -77.1% |
| May 26, 2024 | 41.48× | +70.3% |
| May 28, 2023 | 24.36× | +36.0% |
| May 29, 2022 | 17.92× | +25.6% |
| May 30, 2021 | 14.27× | -29.3% |
| May 31, 2020 | 20.19× | +7.1% |
| May 26, 2019 | 18.84× | +0.7% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| May 27, 2018 | 18.70× | -29.1% |
| May 28, 2017 | 26.37× | N/M |
| May 29, 2016 | N/M | N/M |
| May 31, 2015 | N/M | N/M |
| May 31, 2014 | 34.72× | +142.6% |
| May 26, 2013 | 14.31× | -17.2% |
| May 27, 2012 | 17.29× | +69.5% |
| May 29, 2011 | 10.20× | -11.1% |
| May 30, 2010 | 11.48× | +69.0% |
| May 31, 2009 | 6.79× | -28.9% |
| May 31, 2008 | 9.55× | -26.4% |
| May 31, 2007 | 12.98× | -23.6% |
| May 31, 2006 | 16.98× | +4.0% |
| May 31, 2005 | 16.32× | +16.3% |
| May 31, 2004 | 14.04× | +7.6% |
| May 31, 2003 | 13.04× | +1.3% |
| May 31, 2002 | 12.87× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CAG compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CAG This stockConagra Brands, Inc. | 8.98× |
 HRLHormel Foods Corporation | 36.13× |
 CPBCampbell Soup Company | 17.36× |
 GISGeneral Mills, Inc. | N/M |
 POSTPost Holdings, Inc. | 14.21× |
 BGSB&G Foods, Inc. | N/M |
 JJSFJ&J Snack Foods Corp. | 34.81× |
 SENEASeneca Foods Corporation | 8.40× |
 TSNTyson Foods, Inc. | 35.95× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CAG’s P/E tell you?
Compare like with like
The median of the 6 positive peer ratios above is 26.08×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CAG into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CAG", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 15.27 ÷ EPS 1.7 = 8.98×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CAG P/E ratio: common questions
The essentials behind the numbers.
Conagra Brands, Inc.'s current P/E is 8.98× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.