Hormel Foods
HRL
#1139
Rank
C$23.17 B
Marketcap
$42.27
Share price
0.31%
Change (1 day)
-4.32%
Change (1 year)
Categories
Hormel Foods is an American food manufacturer, the company is best known for its breakfast meat from the Spam brand. Hormel also sells groceries under the brand names such as Jennie-O, Stagg and Carapelli.

Hormel Foods (HRL) - P/B ratio

P/B ratio as of November 2024 : 2.10

According to Hormel Foods's latest financial reports the company has a price-to-book ratio of 1.38318.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Hormel Foods - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-312.27-31.26%
2022-12-313.30-13.02%
2021-12-313.79-3.03%
2020-12-313.91-3.86%
2019-12-314.07-0%
2018-12-314.074.34%
2017-12-313.90-5.66%
2016-12-314.14-20.81%
2015-12-315.2237.32%
2014-12-313.805.89%
2013-12-313.5923.3%
2012-12-312.910.17%
2011-12-312.912.54%
2010-12-312.8417.23%
2009-12-312.4216.13%
2008-12-312.08-28.44%
2007-12-312.912.05%
2006-12-312.851.25%
2005-12-312.82-8.96%
2004-12-313.098.3%
2003-12-312.86-1.33%
2002-12-312.90

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
1.24-41.22%๐Ÿ‡บ๐Ÿ‡ธ USA
0.5649-73.15%๐Ÿ‡บ๐Ÿ‡ธ USA
2.93 39.50%๐Ÿ‡บ๐Ÿ‡ธ USA
2.32 10.12%๐Ÿ‡ง๐Ÿ‡ท Brazil
1.49-29.24%๐Ÿ‡บ๐Ÿ‡ธ USA