Start with its own history
At 10.10×, GIS is 38.6% 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 · GISPackaged FoodsUpdated Nov 5, 2026
General Mills, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
10.10×
38.6% belowthe 9-observation annual average
Share price35.85
÷Earnings per share3.55
Price and EPS in quote currency. Calculation details
Investors are paying 10.10 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 16.45×
3-year average14.45×2 positive annual observations
5-year average15.97×4 positive annual observations
10-year average16.45×9 positive annual observations
Peer median · TTM17.36×5 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 | 13.17× | -16.3% |
| May 26, 2024 | 15.74× | -18.5% |
| May 28, 2023 | 19.31× | +23.2% |
| May 29, 2022 | 15.67× | -5.0% |
| May 30, 2021 | 16.50× | -6.8% |
| May 31, 2020 | 17.70× | -2.1% |
| May 26, 2019 | 18.09× | +56.5% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| May 27, 2018 | 11.56× | -43.1% |
| May 28, 2017 | 20.33× | -8.5% |
| May 29, 2016 | 22.22× | -20.3% |
| May 31, 2015 | 27.87× | +47.1% |
| May 31, 2014 | 18.94× | +10.6% |
| May 26, 2013 | 17.13× | +6.1% |
| May 27, 2012 | 16.15× | +15.1% |
| May 29, 2011 | 14.03× | -8.6% |
| May 30, 2010 | 15.35× | +17.6% |
| May 31, 2009 | 13.06× | -20.3% |
| May 31, 2008 | 16.37× | -11.8% |
| May 31, 2007 | 18.56× | +9.4% |
| May 31, 2006 | 16.96× | +14.4% |
| May 31, 2005 | 14.82× | -8.7% |
| May 31, 2004 | 16.23× | -13.2% |
| May 31, 2003 | 18.71× | -43.2% |
| May 31, 2002 | 32.97× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How GIS compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 GIS This stockGeneral Mills, Inc. | 10.10× |
 CPBCampbell Soup Company | 17.36× |
 CAGConagra Brands, Inc. | N/M |
 KHCThe Kraft Heinz Company | N/M |
 SJMThe J. M. Smucker Company | 61.60× |
 POSTPost Holdings, Inc. | 14.21× |
 BGSB&G Foods, Inc. | N/M |
 HSYThe Hershey Company | 19.58× |
 MKCMcCormick & Company, Incorporated | 9.10× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does GIS’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 17.36×. 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 GIS 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("GIS", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 35.85 ÷ EPS 3.55 = 10.10×. 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.
GIS P/E ratio: common questions
The essentials behind the numbers.
General Mills, Inc.'s current P/E is 10.10× 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.