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Conagra BrandsLTS:0I2P +3.54%56 Cyclically Adjusted PS Ratio is 0.55 as of Jul. 28, 2026, which is 55% below its 10-year median of 1.23. GuruFocus rates LTS:0I2P with a GF Score™ of 56/100 and a GF Value™ of $24.71 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,450 Consumer Packaged Goods companies, Conagra Brands ranks better than 59.45% on this metric.
The historical rank and industry rank for Conagra Brands's Cyclically Adjusted PS Ratio or its related term are showing as below:
LTS:0I2P'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48 Med: 1.23 Max: 1.52
Current: 0.56
During the past years, Conagra Brands's highest Cyclically Adjusted PS Ratio was 1.52. The lowest was 0.48. And the median was 1.23.
LTS:0I2P's Cyclically Adjusted PS Ratio is ranked better than 59.45% of 1450
companies
in the Consumer Packaged Goods industry
Industry Median: 0.75
vs LTS:0I2P: 0.56
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.
Conagra Brands's adjusted revenue per share data for the three months ended in May. 2026 was $6.013. 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 $27.43 for the trailing ten years ended in May. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Conagra Brands (LTS:0I2P) 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.
Conagra Brands Cyclically Adjusted PS Ratio Related Terms
Conagra Brands Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Conagra Brands'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.
LTS:0I2P vs PPC, LW, CPB: Cyclically Adjusted PS Ratio Comparison
For the Packaged Foods subindustry, Conagra Brands'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.
Conagra Brands Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Conagra Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Conagra Brands's Cyclically Adjusted PS Ratio falls into.
Conagra Brands 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.
Conagra Brands's Cyclically Adjusted PS Ratio for today 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.
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 0.55 mean?
Conagra Brands (LTS:0I2P) has a Cyclically Adjusted PS Ratio of 0.55 as of Jul. 28, 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 Conagra Brands and its competitors. This is 55% below median its historical median of 1.23. Over the past decade, Conagra Brands' Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.52. According to the industry distribution chart, Conagra Brands ranks #588 out of 1450 companies in the Consumer Packaged Goods industry, placing it in the top 40.6%.
Is Conagra Brands' Cyclically Adjusted PS Ratio too high?
Conagra Brands' current Cyclically Adjusted PS Ratio of 0.55 is 55% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.52. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.75. Conagra Brands' value of 0.55 is 26.7% below this industry median. Based on the distribution chart, Conagra Brands ranks #588 out of 1450 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Conagra Brands has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Conagra Brands' Cyclically Adjusted PS Ratio compare to PPC and LW?
According to the Consumer Packaged Goods industry distribution chart, Conagra Brands ranks #588 out of 1450 companies for Cyclically Adjusted PS Ratio. This puts Conagra Brands in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Conagra Brands' value of 0.55 is 26.7% below this benchmark. Historically, Conagra Brands' own Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.52 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 0.75, Conagra Brands has consistently been below 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 0.75, based on 1,450 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. Conagra Brands's current Cyclically Adjusted PS Ratio of 0.55 is 26.7% below 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 Conagra Brands and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conagra Brands's current Cyclically Adjusted PS Ratio is 0.55, which is 55% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conagra Brands stock overvalued right now?
Based on GuruFocus' analysis, Conagra Brands (LTS:0I2P) is currently considered Possible Value Trap. The stock's GF Value™ is $24.71, compared to a current price of $15.19 — trading 38.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.55, which is 55% below median its 10-year median of 1.23 and 26.7% below the Consumer Packaged Goods industry median of 0.75. Conagra Brands' overall GF Score™ is 56/100 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 Conagra Brands (LTS:0I2P), the current Cyclically Adjusted PS Ratio is 0.55 as of Jul. 28, 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 Conagra Brands (LTS:0I2P) Overvalued in 2026?
Based on GuruFocus' analysis, Conagra Brands stock appears to be undervalued.
The current stock price of $15.19 is trading 38.5% below its estimated GF Value™ of $24.71.
GuruFocus considers Conagra Brands to be Possible Value Trap.
Key valuation signals for LTS:0I2P:
Cyclically Adjusted PS Ratio: 0.55 (55% below median its 10-year median of 1.23)
GF Value™: $24.71 vs. price of $15.19 (38.5% below fair value)
Industry Position: 26.7% below the Consumer Packaged Goods median (#588 of 1450)
No single metric tells the full story. See the LTS:0I2P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Conagra Brands is a packaged food company that operates predominantly in the United States (91% of fiscal 2025 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, and Wish-Bone. The company primarily sells through the US retail channel, with just 9% of fiscal 2025 revenue coming from international markets and 9% from foodservice.
56GF Score
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