Campbell Soup Company (CPB) P/E Ratio History
Deep ValueTrading at 10.5x · 5th percentile of 5-year range · Significant discount to historical valuation · Data 1991–2026
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P/E Ratio Analysis
As of June 21, 2026, Campbell Soup Company (CPB) trades at a price-to-earnings ratio of 10.5x, with a stock price of $21.15 and trailing twelve-month earnings per share of $2.03.
The current P/E is 41% below its 5-year average of 17.8x. Over the past five years, CPB's P/E has ranged from a low of 10.2x to a high of 25.7x, placing the current valuation at the 5th percentile of its historical range.
Compared to the Consumer Defensive sector median P/E of 18.8x, CPB trades at a 44% discount to its sector peers. The sector includes 151 companies with P/E ratios ranging from 0.0x to 193.7x.
Relative to the broader market, CPB trades at a notable discount to the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our CPB DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
CPB Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
CPB P/E vs Peers
Diversified packaged food brands peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $18B | 8.2 | 2.85 | -5% | |
| $29B | 21.5 | 3.19 | +41%Best | |
| $13B | 27.8 | - | -41% | |
| $6B | 5.5Lowest | 0.78 | +0% | |
| $12B | 15.9 | 15.07 | +0% | |
| $77B | 31.8 | - | -45% | |
| $35B | 39.8 | - | -60% | |
| $4B | 16.0 | 0.07Best | -2% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
CPB Historical P/E Data (1991–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | May 03 2026 | $20.73 | $2.03 | 10.2x | -70% |
| FY2026 Q2 | Feb 01 2026 | $27.98 | $1.84 | 15.2x | -56% |
| FY2026 Q1 | Nov 02 2025 | $30.13 | $1.94 | 15.5x | -55% |
| FY2025 Q4 | Aug 03 2025 | $32.33 | $2.01 | 16.1x | -54% |
| FY2025 Q3 | Apr 27 2025 | $36.29 | $1.51 | 24.0x | -31% |
| FY2025 Q2 | Jan 26 2025 | $38.98 | $1.73 | 22.5x | -35% |
| FY2025 Q1 | Oct 27 2024 | $47.07 | $1.83 | 25.7x | -26% |
| FY2024 Q4 | Jul 31 2024 | $46.86 | $1.89 | 24.8x | -28% |
| FY2024 Q3 | Apr 28 2024 | $44.85 | $2.47 | 18.2x | -48% |
| FY2024 Q2 | Jan 28 2024 | $44.50 | $2.56 | 17.4x | -50% |
| FY2024 Q1 | Oct 29 2023 | $40.44 | $2.65 | 15.3x | -56% |
| FY2023 Q4 | Jul 31 2023 | $45.82 | $2.86 | 16.0x | -54% |
| FY2023 Q3 | Apr 30 2023 | $54.30 | $2.61 | 20.8x | -40% |
| FY2023 Q2 | Jan 29 2023 | $51.13 | $2.70 | 18.9x | -45% |
| FY2023 Q1 | Oct 30 2022 | $52.73 | $2.63 | 20.0x | -42% |
| FY2022 Q4 | Jul 31 2022 | $49.35 | $2.50 | 19.7x | -43% |
| FY2022 Q3 | May 01 2022 | $47.22 | $3.13 | 15.1x | -56% |
| FY2022 Q2 | Jan 30 2022 | $44.22 | $3.03 | 14.6x | -58% |
| FY2022 Q1 | Oct 31 2021 | $39.95 | $3.13 | 12.8x | -63% |
| FY2021 Q4 | Jul 31 2021 | $43.72 | $3.29 | 13.3x | -62% |
| FY2021 Q3 | May 02 2021 | $47.75 | $2.62 | 18.2x | -47% |
| FY2021 Q2 | Jan 31 2021 | $48.11 | $2.65 | 18.2x | -48% |
| FY2021 Q1 | Nov 01 2020 | $46.67 | $5.82 | 8.0x | -77% |
| FY2020 Q4 | Jul 31 2020 | $49.57 | $5.35 | 9.3x | -73% |
| FY2020 Q3 | Apr 26 2020 | $50.75 | $5.04 | 10.1x | -71% |
| FY2020 Q2 | Jan 26 2020 | $48.79 | $4.77 | 10.2x | -70% |
| FY2020 Q1 | Oct 27 2019 | $46.46 | $0.60 | 77.4x | +124% |
| FY2019 Q4 | Jul 31 2019 | $41.34 | $0.69 | 59.9x | +73% |
| FY2019 Q3 | Apr 28 2019 | $38.64 | $1.03 | 37.5x | +8% |
| FY2019 Q1 | Oct 28 2018 | $36.73 | $0.59 | 62.3x | +80% |
| FY2018 Q4 | - | $40.90 | $0.86 | 47.6x | +37% |
| FY2018 Q3 | Apr 29 2018 | $42.08 | $1.59 | 26.5x | -24% |
| FY2018 Q2 | Jan 28 2018 | $47.34 | $3.48 | 13.6x | -61% |
| FY2018 Q1 | Oct 29 2017 | $48.13 | $2.86 | 16.8x | -51% |
| FY2017 Q4 | Jul 31 2017 | $52.83 | $2.89 | 18.3x | -47% |
| FY2017 Q3 | Apr 30 2017 | $57.54 | $1.59 | 36.2x | +5% |
| FY2017 Q2 | Jan 29 2017 | $62.58 | $1.60 | 39.1x | +13% |
| FY2017 Q1 | Oct 30 2016 | $54.21 | $2.12 | 25.6x | -26% |
| FY2016 Q4 | Jul 31 2016 | $62.27 | $1.80 | 34.6x | -0% |
| FY2016 Q3 | May 01 2016 | $61.71 | $2.28 | 27.1x | -22% |
| FY2016 Q2 | Jan 31 2016 | $56.41 | $2.27 | 24.9x | -28% |
| FY2016 Q1 | Nov 01 2015 | $50.79 | $2.08 | 24.4x | -29% |
| FY2015 Q4 | Jul 31 2015 | $49.31 | $2.20 | 22.4x | -35% |
| FY2015 Q3 | May 03 2015 | $45.55 | $2.41 | 18.9x | -45% |
| FY2015 Q2 | Feb 01 2015 | $45.74 | $2.41 | 19.0x | -45% |
| FY2015 Q1 | Nov 02 2014 | $44.17 | $2.78 | 15.9x | -54% |
| FY2014 Q4 | - | $41.59 | $2.58 | 16.1x | -53% |
| FY2014 Q3 | Apr 27 2014 | $44.94 | $1.65 | 27.2x | -21% |
| FY2014 Q2 | Jan 26 2014 | $42.29 | $1.64 | 25.8x | -25% |
| FY2014 Q1 | Oct 27 2013 | $42.56 | $1.21 | 35.2x | +2% |
| FY2013 Q4 | Jul 31 2013 | $46.80 | $1.45 | 32.3x | -7% |
| FY2013 Q3 | Apr 28 2013 | $46.20 | $2.35 | 19.7x | -43% |
| FY2013 Q2 | Jan 27 2013 | $36.53 | $2.33 | 15.7x | -55% |
| FY2013 Q1 | Oct 28 2012 | $34.72 | $2.37 | 14.6x | -58% |
| FY2012 Q4 | - | $33.11 | $2.41 | 13.7x | -60% |
| FY2012 Q3 | Apr 29 2012 | $33.85 | $2.31 | 14.7x | -58% |
| FY2012 Q2 | Jan 29 2012 | $31.44 | $2.33 | 13.5x | -61% |
| FY2012 Q1 | Oct 30 2011 | $33.47 | $2.40 | 13.9x | -60% |
| FY2011 Q4 | Jul 31 2011 | $33.05 | $2.40 | 13.8x | -60% |
| FY2011 Q3 | May 01 2011 | $33.59 | $2.43 | 13.8x | -60% |
| FY2011 Q2 | Jan 30 2011 | $34.45 | $2.35 | 14.7x | -58% |
| FY2011 Q1 | Oct 31 2010 | $36.25 | $2.38 | 15.2x | -56% |
| FY2010 Q4 | Jul 31 2010 | $35.90 | $2.43 | 14.8x | -57% |
| FY2010 Q3 | May 02 2010 | $35.86 | $2.29 | 15.7x | -55% |
| FY2010 Q2 | Jan 31 2010 | $33.11 | $2.29 | 14.5x | -58% |
| FY2010 Q1 | Nov 01 2009 | $31.75 | $2.19 | 14.5x | -58% |
| FY2009 Q4 | Jul 31 2009 | $31.03 | $2.02 | 15.4x | -56% |
| FY2009 Q3 | May 03 2009 | $25.80 | $2.07 | 12.5x | -64% |
| FY2009 Q2 | Feb 01 2009 | $30.37 | $2.98 | 10.2x | -71% |
| FY2009 Q1 | Nov 02 2008 | $37.95 | $3.05 | 12.4x | -64% |
| FY2008 Q4 | - | $36.38 | $3.05 | 11.9x | -66% |
| FY2008 Q3 | Apr 27 2008 | $34.66 | $2.96 | 11.7x | -66% |
| FY2008 Q2 | Jan 27 2008 | $31.21 | $2.11 | 14.8x | -57% |
| FY2008 Q1 | Oct 28 2007 | $36.47 | $2.12 | 17.2x | -50% |
| FY2007 Q4 | - | $36.83 | $2.13 | 17.3x | -50% |
| FY2007 Q3 | Apr 29 2007 | $39.20 | $2.09 | 18.8x | -46% |
| FY2007 Q2 | Jan 28 2007 | $38.18 | $1.94 | 19.7x | -43% |
| FY2007 Q1 | Oct 29 2006 | $36.49 | $1.83 | 19.9x | -42% |
| FY2006 Q4 | Jul 31 2006 | $36.68 | $1.85 | 19.8x | -43% |
| FY2006 Q3 | Apr 30 2006 | $32.14 | $1.97 | 16.3x | -53% |
| FY2006 Q2 | Jan 29 2006 | $30.00 | $1.92 | 15.6x | -55% |
| FY2006 Q1 | Oct 30 2005 | $29.09 | $1.88 | 15.5x | -55% |
| FY2005 Q4 | Jul 31 2005 | $30.85 | $1.71 | 18.0x | -48% |
| FY2005 Q3 | May 01 2005 | $29.74 | $1.62 | 18.4x | -47% |
| FY2005 Q2 | Jan 30 2005 | $29.09 | $1.61 | 18.1x | -48% |
| FY2005 Q1 | Oct 31 2004 | $26.84 | $1.61 | 16.7x | -52% |
| FY2004 Q4 | Jul 31 2004 | $25.59 | $1.56 | 16.4x | -53% |
| FY2004 Q3 | May 02 2004 | $27.63 | $1.60 | 17.3x | -50% |
| FY2004 Q2 | Feb 01 2004 | $26.33 | $1.57 | 16.8x | -52% |
| FY2004 Q1 | Nov 02 2003 | $25.92 | $1.56 | 16.6x | -52% |
| FY2003 Q4 | - | $24.15 | $1.44 | 16.8x | -52% |
| FY2003 Q3 | Apr 27 2003 | $21.86 | $1.39 | 15.7x | -55% |
| FY2003 Q2 | Jan 26 2003 | $23.78 | $1.31 | 18.2x | -48% |
| FY2003 Q1 | Oct 27 2002 | $22.63 | $1.24 | 18.3x | -47% |
| FY2002 Q4 | Jul 31 2002 | $23.30 | $1.27 | 18.3x | -47% |
| FY2002 Q3 | Apr 28 2002 | $27.24 | $1.26 | 21.6x | -38% |
| FY2002 Q2 | Jan 27 2002 | $28.64 | $1.33 | 21.5x | -38% |
| FY2002 Q1 | Oct 28 2001 | $28.35 | $1.49 | 19.0x | -45% |
| FY2001 Q4 | - | $27.36 | $1.54 | 17.8x | -49% |
| FY2001 Q3 | Apr 29 2001 | $30.70 | $1.56 | 19.7x | -43% |
| FY2001 Q2 | Jan 28 2001 | $31.94 | $1.58 | 20.2x | -42% |
| FY2001 Q1 | Oct 29 2000 | $28.81 | $1.58 | 18.2x | -47% |
| FY2000 Q4 | Jul 31 2000 | $26.50 | $1.65 | 16.1x | -54% |
| FY2000 Q3 | Apr 30 2000 | $26.00 | $1.69 | 15.4x | -56% |
| FY2000 Q2 | Jan 30 2000 | $29.56 | $1.74 | 17.0x | -51% |
| FY2000 Q1 | Oct 31 1999 | $45.00 | $1.58 | 28.5x | -18% |
| FY1999 Q4 | Jul 31 1999 | $44.00 | $1.62 | 27.2x | -21% |
| FY1999 Q3 | May 02 1999 | $40.75 | $1.84 | 22.1x | -36% |
| FY1999 Q2 | Jan 31 1999 | $46.94 | $1.27 | 37.0x | +7% |
| FY1999 Q1 | Nov 01 1998 | $53.31 | $1.43 | 37.3x | +8% |
| FY1998 Q4 | Jul 31 1998 | $54.00 | $1.42 | 38.0x | +10% |
| FY1998 Q3 | May 03 1998 | $52.00 | $1.42 | 36.6x | +6% |
| FY1998 Q2 | Feb 01 1998 | $53.50 | $1.95 | 27.4x | -21% |
| FY1998 Q1 | Nov 02 1997 | $51.56 | $1.89 | 27.3x | -21% |
| FY1997 Q4 | - | $51.88 | $1.50 | 34.6x | -0% |
| FY1997 Q3 | Apr 27 1997 | $48.00 | $1.46 | 32.9x | -5% |
| FY1997 Q2 | Jan 26 1997 | $40.94 | $1.42 | 28.8x | -17% |
| FY1997 Q1 | Oct 27 1996 | $41.44 | $1.35 | 30.7x | -11% |
| FY1996 Q4 | Jul 31 1996 | $33.94 | $1.61 | 21.1x | -39% |
| FY1996 Q3 | Apr 28 1996 | $30.75 | $1.54 | 20.0x | -42% |
| FY1996 Q2 | Jan 28 1996 | $30.88 | $1.51 | 20.5x | -41% |
| FY1996 Q1 | Oct 29 1995 | $26.25 | $1.46 | 18.0x | -48% |
| FY1995 Q4 | Jul 31 1995 | $23.38 | $1.42 | 16.5x | -52% |
| FY1995 Q3 | Apr 30 1995 | $25.63 | $1.41 | 18.2x | -47% |
| FY1995 Q2 | Jan 29 1995 | $21.19 | $1.39 | 15.2x | -56% |
| FY1995 Q1 | Oct 30 1994 | $20.56 | $1.33 | 15.5x | -55% |
| FY1994 Q4 | Jul 31 1994 | $18.50 | $1.26 | 14.7x | -58% |
| FY1994 Q3 | May 01 1994 | $19.63 | $0.70 | 28.0x | -19% |
| FY1994 Q2 | Jan 30 1994 | $19.44 | $0.68 | 28.6x | -17% |
| FY1994 Q1 | Oct 31 1993 | $20.81 | $0.04 | 520.3x | +1404% |
| FY1993 Q4 | Jul 31 1993 | $17.94 | $0.02 | 897.0x | +2493% |
| FY1993 Q3 | Apr 30 1993 | $19.31 | $0.52 | 37.1x | +7% |
| FY1993 Q2 | Jan 31 1993 | $20.50 | $0.48 | 42.7x | +23% |
| FY1993 Q1 | Oct 31 1992 | $20.75 | $1.03 | 20.1x | -42% |
| FY1992 Q4 | Jul 31 1992 | $18.94 | $0.98 | 19.3x | -44% |
| FY1992 Q3 | - | $17.31 | $0.93 | 18.6x | -46% |
| FY1992 Q2 | Jan 31 1992 | $18.88 | $0.90 | 21.0x | -39% |
| FY1992 Q1 | - | $19.34 | $0.85 | 22.8x | -34% |
| FY1991 Q4 | Jul 31 1991 | $19.94 | $0.80 | 24.9x | -28% |
| FY1991 Q3 | - | $20.56 | $0.09 | 228.4x | +560% |
| FY1991 Q2 | - | $15.16 | $0.05 | 303.2x | +776% |
Average P/E for displayed period: 34.6x
Intrinsic Valuation
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Historical Returns
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Peer Comparison
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CPB — Frequently Asked Questions
Quick answers to the most common questions about buying CPB stock.
What is CPB's P/E ratio?
Campbell Soup Company (CPB) trailing twelve-month P/E ratio is 10.5x, based on TTM diluted EPS of $2.03. The 5-year average P/E is 17.8x and the historical range spans 10.2x to 25.7x.
Is CPB stock overvalued or undervalued?
CPB trades at 10.5x P/E, below its 5-year average of 17.8x. At the 5th percentile of its historical range (10.2x–25.7x), the stock is priced at a discount to its own history.
Is CPB stock expensive?
No, CPB is not expensive on a historical basis. The current P/E of 10.5x is below the 5-year average of 17.8x and sits at the 5th percentile of its valuation range.
What is CPB's historical P/E range?
Over the past 5 years, CPB's P/E ratio has ranged from 10.2x to 25.7x, with a median of 17.4x and an average of 17.8x. The current P/E of 10.5x places the stock at the 5th percentile of this range. Full historical data spans 1991–2026.
How does CPB's P/E compare to the S&P 500?
CPB trades at 10.5x P/E versus the S&P 500 median of 24.4x. The 57% discount to the market suggests lower growth expectations or perceived higher risk.
How does CPB's valuation compare to Consumer Defensive peers?
Campbell Soup Company P/E of 10.5x compares to the Consumer Defensive sector median of 18.8x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is CPB's PEG ratio?
CPB PEG ratio is N/A, based on a P/E of 10.5x and EPS growth of 6.3%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is CPB's earnings yield?
CPB earnings yield is 9.50%, the inverse of its 10.5x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.