The Hershey Company (HSY) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2026
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HSY Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, The Hershey Company (HSY) trades at a price-to-earnings ratio of 43.1x, with a stock price of $186.93 and trailing twelve-month earnings per share of $5.36.
The current P/E is 65% above its 5-year average of 26.2x. Over the past five years, HSY's P/E has ranged from a low of 15.5x to a high of 41.9x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Consumer Defensive sector median P/E of 19.4x, HSY trades at a 122% premium to its sector peers. The sector includes 149 companies with P/E ratios ranging from 0.0x to 195.7x.
Relative to the broader market, HSY commands a significant premium over 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 HSY 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.
HSY P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $79B | 32.4 | - | -45% | |
| $3B | 31.2 | 2.68 | +16% | |
| $12B | 16.3 | 15.47 | +0% | |
| $19B | 8.7 | 3.04 | -5% | |
| $6B | 10.6 | - | +6% | |
| $29B | 21.5 | 3.19 | +41%Best | |
| $7B | 6.0Lowest | 0.85Best | +0% | |
| $37B | 34.8 | - | -39% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
HSY 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 Q1 | Sun Mar 29 2026 00:00:00 GM | $213.73 | $5.37 | 39.8x | +58% |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $181.98 | $4.34 | 41.9x | +66% |
| FY2025 Q3 | Sun Sep 28 2025 00:00:00 GM | $188.11 | $6.69 | 28.1x | +11% |
| FY2025 Q2 | Sun Jun 29 2025 00:00:00 GM | $166.99 | $7.53 | 22.2x | -12% |
| FY2025 Q1 | Sun Mar 30 2025 00:00:00 GM | $169.86 | $8.11 | 20.9x | -17% |
| FY2024 Q4 | $169.35 | $10.90 | 15.5x | -38% | |
| FY2024 Q3 | Sun Sep 29 2024 00:00:00 GM | $193.36 | $8.68 | 22.3x | -12% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $183.83 | $9.00 | 20.4x | -19% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $194.50 | $10.09 | 19.3x | -24% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $186.44 | $9.05 | 20.6x | -18% |
| FY2023 Q3 | Sun Oct 01 2023 00:00:00 GM | $200.08 | $9.27 | 21.6x | -15% |
| FY2023 Q2 | Sun Jul 02 2023 00:00:00 GM | $249.70 | $8.69 | 28.7x | +14% |
Average P/E for displayed period: 25.3x
Full HSY Stock Analysis
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Start ComparisonHSY — Frequently Asked Questions
Quick answers to the most common questions about buying HSY stock.
Is HSY stock overvalued or undervalued?
HSY trades at 43.1x P/E, above its 5-year average of 26.2x. The 100th percentile ranking indicates a premium to historical valuation.
How does HSY's valuation compare to peers?
The Hershey Company P/E of 43.1x compares to sector median of 19.4x. The premium reflects expected growth above peers.
What is HSY's PEG ratio?
HSY PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2026.