General Mills (BSP:G1MI34) Cyclically Adjusted PS Ratio: 1.09 (As of Aug. 19, 2026) — 44% Below Median

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BSP:G1MI34 General Mills Inc BSP:G1MI34
64 GF Score
Price R$67.00
GF Value R$102.39
Valuation Significantly Undervalued
! 6 Warning Signs
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What is General Mills Cyclically Adjusted PS Ratio?

General Mills BSP:G1MI34 +1.07% 64 Cyclically Adjusted PS Ratio is 1.09 as of Aug. 19, 2026, which is 44% below its 10-year median of 1.95. GuruFocus rates BSP:G1MI34 with a GF Score™ of 64/100 and a GF Value™ of R$102.39 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,446 Consumer Packaged Goods companies, General Mills ranks worse than 58.78% on this metric.

As of today (2026-08-19), General Mills's current share price is R$67.00. General Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was R$61.66. General Mills's Cyclically Adjusted PS Ratio for today is 1.09.

The historical rank and industry rank for General Mills's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:G1MI34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.95   Max: 2.8
Current: 1.04

During the past years, General Mills's highest Cyclically Adjusted PS Ratio was 2.80. The lowest was 0.90. And the median was 1.95.

BSP:G1MI34's Cyclically Adjusted PS Ratio is ranked worse than
58.78% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs BSP:G1MI34: 1.04

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

General Mills's adjusted revenue per share data for the three months ended in May. 2026 was R$14.267. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$61.66 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Mills  (BSP:G1MI34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


General Mills Cyclically Adjusted PS Ratio Related Terms


General Mills Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for General Mills's Cyclically Adjusted PS Ratio 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.

General Mills Cyclically Adjusted PS Ratio Chart

General Mills Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 2.46 1.96 1.53 0.92

General Mills Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted PS Ratio 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 1.53 1.38 1.33 1.26 0.92

BSP:G1MI34 vs HRL, MKC, JBS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, General Mills's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where General Mills's Cyclically Adjusted PS Ratio falls into.


BSP:G1MI34
64GF Score
General Mills Inc BSP:G1MI34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General Mills Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

General Mills's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.00/61.66
=1.09

* 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.

General Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, General Mills's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=14.267/335.1230*335.1230
=14.267

Current CPI (May. 2026) = 335.1230.

General Mills Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 6.825 240.849 9.496
201611 7.627 241.353 10.590
201702 6.640 243.603 9.135
201705 6.906 244.733 9.457
201708 6.739 245.519 9.198
201711 7.869 246.669 10.691
201802 7.219 248.991 9.716
201805 7.939 251.588 10.575
201808 8.897 252.146 11.825
201811 9.209 252.038 12.245
201902 8.622 252.776 11.431
201905 9.083 256.092 11.886
201908 8.775 256.558 11.462
201911 10.002 257.208 13.032
202002 9.885 258.678 12.806
202005 15.306 256.394 20.006
202008 12.835 259.918 16.549
202011 13.833 260.229 17.814
202102 13.167 263.014 16.777
202105 12.904 269.195 16.064
202108 12.919 273.567 15.826
202111 15.208 277.948 18.336
202202 12.840 283.716 15.167
202205 13.263 292.296 15.206
202208 13.339 296.171 15.093
202211 15.228 297.711 17.142
202302 14.778 300.840 16.462
202305 13.976 304.127 15.400
202308 13.549 307.026 14.789
202311 14.383 307.051 15.698
202402 14.721 310.326 15.897
202405 14.148 314.069 15.096
202408 15.913 314.796 16.941
202411 18.066 315.493 19.190
202502 16.762 319.082 17.605
202505 15.630 321.465 16.294
202508 15.115 323.976 15.635
202511 16.108 324.122 16.655
202602 14.310 326.785 14.675
202605 14.267 335.123 14.267

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 1.09 mean?
General Mills (BSP:G1MI34) has a Cyclically Adjusted PS Ratio of 1.09 as of Aug. 19, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on General Mills and its competitors. This is 44% below median its historical median of 1.95. Over the past decade, General Mills' Cyclically Adjusted PS Ratio has ranged from 0.90 to 2.80. According to the industry distribution chart, General Mills ranks #850 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 58.8%.
Is General Mills' Cyclically Adjusted PS Ratio too high?
General Mills' current Cyclically Adjusted PS Ratio of 1.09 is 44% below median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 2.80. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. General Mills' value of 1.09 is 43.4% above this industry median. Based on the distribution chart, General Mills ranks #850 out of 1446 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, General Mills has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does General Mills' Cyclically Adjusted PS Ratio compare to HRL and MKC?
According to the Consumer Packaged Goods industry distribution chart, General Mills ranks #850 out of 1446 companies for Cyclically Adjusted PS Ratio. This places General Mills in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. General Mills' value of 1.09 is 43.4% above this benchmark. Historically, General Mills' own Cyclically Adjusted PS Ratio has ranged from 0.90 to 2.80 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 0.76, General Mills has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,446 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General Mills's current Cyclically Adjusted PS Ratio of 1.09 is 43.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on General Mills and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Mills's current Cyclically Adjusted PS Ratio is 1.09, which is 44% below median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Mills stock overvalued right now?
Based on GuruFocus' analysis, General Mills (BSP:G1MI34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$102.39, compared to a current price of R$67.00 — trading 34.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.09, which is 44% below median its 10-year median of 1.95 and 43.4% above the Consumer Packaged Goods industry median of 0.76. General Mills' overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For General Mills (BSP:G1MI34), the current Cyclically Adjusted PS Ratio is 1.09 as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is General Mills (BSP:G1MI34) Overvalued in 2026?

Based on GuruFocus' analysis, General Mills stock appears to be undervalued. The current stock price of R$67.00 is trading 34.6% below its estimated GF Value™ of R$102.39. GuruFocus considers General Mills to be Significantly Undervalued.

Key valuation signals for BSP:G1MI34:

  • Cyclically Adjusted PS Ratio: 1.09 (44% below median its 10-year median of 1.95)
  • GF Value™: R$102.39 vs. price of R$67.00 (34.6% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 43.4% above the Consumer Packaged Goods median (#850 of 1446)

No single metric tells the full story. See the BSP:G1MI34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


General Mills Business Description

Address Number One General Mills Boulevard, Minneapolis, MN, USA, 55426
General Mills is a global packaged-food company that produces snacks, cereal, convenient meals, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2025, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. Although most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.
64GF Score

Get the complete analysis for BSP:G1MI34

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$67.00
Price
R$102.39
GF Value