GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hormel Foods Corp (NYSE:HRL) » Definitions » Tangible Book per Share

HRL (Hormel Foods) Tangible Book per Share : $2.52 (As of Apr. 2025)


View and export this data going back to 1972. Start your Free Trial

What is Hormel Foods Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Hormel Foods's tangible book value per share for the quarter that ended in Apr. 2025 was $2.52.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Hormel Foods Tangible Book per Share Historical Data

The historical data trend for Hormel Foods's Tangible Book 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.

Hormel Foods Tangible Book per Share Chart

Hormel Foods Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.07 0.41 1.48 1.92 2.44

Hormel Foods Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.21 2.19 2.44 2.52 2.52

Competitive Comparison of Hormel Foods's Tangible Book per Share

For the Packaged Foods subindustry, Hormel Foods's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hormel Foods's Price-to-Tangible-Book falls into.


;
;

Hormel Foods Tangible Book per Share Calculation

Hormel Foods's Tangible Book Value Per Share for the fiscal year that ended in Oct. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(7993.42-0-6656.191)/548.605
=2.44

Hormel Foods's Tangible Book Value Per Share for the quarter that ended in Apr. 2025 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(8032.337-0-6645.445)/549.888
=2.52

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Hormel Foods  (NYSE:HRL) Tangible Book 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.


Hormel Foods Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Hormel Foods's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hormel Foods Business Description

Address
1 Hormel Place, Austin, MN, USA, 55912-3680
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 US retail (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% from shelf-stable. 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.
Executives
Elsa A Murano director 1 HORMEL PLACE, AUSTIN MN 55912-3680
Steven J Lykken officer: Senior Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Kevin L Myers officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Deanna T Brady officer: Vice President 1 HORMEL STREET, AUSTIN MN 55912
Katherine M Losness-larson officer: Senior Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Mark J Ourada officer: Group Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Mark A Coffey officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Susan K Nestegard director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO, 14TH FLOOR, BETHESDA MD 20814
Pierre M Lilly officer: SVP & Chief Compliance Officer 1 HORMEL PLACE, AUSTIN MN 55912
Paul R Kuehneman officer: Vice President and Controller 1 HORMEL PLACE, AUSTIN MN 55912
Prado Becerra Jose Luis director 50 S. LASALLE STREET, CHICAGO IL 60603
Michael Paul Zechmeister director C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Ray G Young director 77 WEST WACKER DR., SUITE 4600, CHICAGO IL 60601
Patrick J Connor officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912
James P Snee officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912