This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Hormel Foods's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $22.128. Hormel Foods's 10-Year median PS Ratio is 2.1231. Therefore, the Median PS Value for today is $46.98.
As of today (2024-04-16), Hormel Foods's share price is $33.97. Hormel Foods's Median PS Value is $46.98. Therefore, Hormel Foods's Price to Median PS Value for today is 0.72.
The historical rank and industry rank for Hormel Foods's Median PS Value or its related term are showing as below:
HRL'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.65 Med: 1.59 Max: 2.49
Current: 0.72
During the past 13 years, the highest Price to Median PS Value of Hormel Foods was 2.49. The lowest was 0.65. And the median was 1.59.
HRL's Price-to-Median-PS-Value is ranked better than 64.47% of 1064
companies
in the Consumer Packaged Goods industry
Industry Median: 0.87
vs HRL: 0.72
Hormel Foods Median PS Value Historical Data
The historical data trend for Hormel Foods's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Hormel Foods Annual Data
Trend
Oct14
Oct15
Oct16
Oct17
Oct18
Oct19
Oct20
Oct21
Oct22
Oct23
Median PS Value
27.01
32.45
42.15
48.14
46.88
Hormel Foods Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Median PS Value
47.85
47.42
47.18
46.88
46.98
Competitive Comparison
For the Packaged Foods subindustry, Hormel Foods's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hormel Foods Price-to-Median-PS-Value Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Hormel Foods's Price-to-Median-PS-Value falls into.
Hormel Foods Median PS Value Calculation
Hormel Foods's Median PS Value for today is calculated as
10-Year Median PS Ratio is 2.1231.
Hormel Foods's Revenue per Share for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.128.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hormel Foods (NYSE:HRL) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Hormel Foods's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
33.97
/
46.98
=
0.72
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hormel Foods Median PS Value Related Terms
Thank you for viewing the detailed overview of Hormel Foods's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
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