General Mills, Inc. (GIS) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2026
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GIS Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, General Mills, Inc. (GIS) trades at a price-to-earnings ratio of 8.7x, with a stock price of $35.71 and trailing twelve-month earnings per share of $4.08.
The current P/E is 43% below its 5-year average of 15.3x. Over the past five years, GIS's P/E has ranged from a low of 9.5x to a high of 19.5x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Consumer Defensive sector median P/E of 19.4x, GIS trades at a 55% discount to its sector peers. The sector includes 149 companies with P/E ratios ranging from 0.0x to 195.7x.
The PEG ratio of 3.04 (P/E divided by -5% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, GIS trades at a notable discount to the S&P 500 median P/E of 25.1x. 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 GIS 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.
GIS P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $29B | 21.5 | 3.19 | +41%Best | |
| $6B | 10.6 | - | +6% | |
| $7B | 6.0Lowest | 0.85 | +0% | |
| $11B | 23.8 | - | -41% | |
| $12B | 16.3 | 15.47 | +0% | |
| $5B | 18.7 | 0.08Best | -2% | |
| $79B | 32.4 | - | -45% | |
| $38B | 43.1 | - | -60% | |
| $3B | 31.2 | 2.68 | +16% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
GIS Historical P/E Data (1990–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | Sun Feb 22 2026 00:00:00 GM | $44.62 | $4.08 | 10.9x | -40% |
| FY2026 Q2 | Sun Nov 23 2025 00:00:00 GM | $48.33 | $4.64 | 10.4x | -43% |
| FY2026 Q1 | Sun Aug 24 2025 00:00:00 GM | $50.18 | $5.28 | 9.5x | -48% |
| FY2025 Q4 | Sun May 25 2025 00:00:00 GM | $53.38 | $4.09 | 13.1x | -29% |
| FY2025 Q3 | Sun Feb 23 2025 00:00:00 GM | $61.00 | $4.55 | 13.4x | -27% |
| FY2025 Q2 | Sun Nov 24 2024 00:00:00 GM | $65.00 | $4.60 | 14.1x | -23% |
| FY2025 Q1 | Sun Aug 25 2024 00:00:00 GM | $70.83 | $4.20 | 16.9x | -8% |
| FY2024 Q4 | Sun May 26 2024 00:00:00 GM | $68.30 | $4.31 | 15.8x | -14% |
| FY2024 Q3 | Sun Feb 25 2024 00:00:00 GM | $65.32 | $4.36 | 15.0x | -18% |
| FY2024 Q2 | Sun Nov 26 2023 00:00:00 GM | $65.18 | $4.11 | 15.9x | -14% |
| FY2024 Q1 | Sun Aug 27 2023 00:00:00 GM | $68.37 | $4.10 | 16.7x | -9% |
| FY2023 Q4 | Wed May 31 2023 00:00:00 GM | $84.16 | $4.31 | 19.5x | +6% |
Average P/E for displayed period: 18.4x
Full GIS Stock Analysis
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Start ComparisonGIS — Frequently Asked Questions
Quick answers to the most common questions about buying GIS stock.
Is GIS stock overvalued or undervalued?
GIS trades at 8.7x P/E, below its 5-year average of 15.3x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does GIS's valuation compare to peers?
General Mills, Inc. P/E of 8.7x compares to sector median of 19.4x. The discount suggests lower growth expectations or higher risk.
What is GIS's PEG ratio?
GIS PEG ratio is 3.04. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2026.