P/E ratio for General Mills (GIS)

P/E ratio history for General Mills from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Kellogg's K	32.0	106.77%	🇺🇸 USA
Mondelez MDLZ	19.3	24.50%	🇺🇸 USA
TreeHouse Foods THS	-26.2	-269.07%	🇺🇸 USA
J.M. Smucker Company SJM	-759	-5,002.32%	🇺🇸 USA
Hain Celestial HAIN	-6.19	-139.98%	🇺🇸 USA
Conagra Brands CAG	12.0	-22.72%	🇺🇸 USA
Post Holdings POST	20.5	32.09%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.