General Mills's book value per share for the quarter that ended in Aug. 2023 was $17.66.
During the past 12 months, General Mills's average Book Value Per Share Growth Rate was -0.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of General Mills was 323.70% per year. The lowest was -52.40% per year. And the median was 6.20% per year.
General Mills's current price is $64.52. Its book value per share for the quarter that ended in Aug. 2023 was $17.66. Hence, today's PB Ratio of General Mills is 3.65.
During the past 13 years, the highest P/B Ratio of General Mills was 8.81. The lowest was 3.35. And the median was 4.64.
Good Sign:
General Mills Inc stock PB Ratio (=3.65) is close to 10-year low of 3.35
General Mills Book Value per Share Historical Data
The historical data trend for General Mills's Book Value per Share 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.
General Mills Annual Data
Trend
May14
May15
May16
May17
May18
May19
May20
May21
May22
May23
Book Value per Share
11.72
13.22
15.58
17.60
17.81
General Mills Quarterly Data
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Book Value per Share
17.79
17.15
17.39
17.81
17.66
Competitive Comparison
For the Packaged Foods subindustry, General Mills's PB Ratio, along with its competitors' market caps and PB Ratio 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.
General Mills PB Ratio Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's PB Ratio distribution charts can be found below:
* The bar in red indicates where General Mills's PB Ratio falls into.
General Mills Book Value per Share Calculation
General Mills's Book Value Per Share for the fiscal year that ended in May. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
General Mills (NYSE:GIS) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
General Mills Book Value per Share Related Terms
Thank you for viewing the detailed overview of General Mills's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
General Mills is a global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and super-premium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2023, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products into the foodservice channel and the commercial baking industry.
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