Hormel Foods (MEX:HRL) Cyclically Adjusted PS Ratio: 0.95 (As of Jul. 31, 2026) — 57% Below Median

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MEX:HRL Hormel Foods Corp MEX:HRL
49 GF Score
Price MXN425.00
GF Value MXN523.33
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hormel Foods Cyclically Adjusted PS Ratio?

Hormel Foods MEX:HRL 49 Cyclically Adjusted PS Ratio is 0.95 as of Jul. 31, 2026, which is 57% below its 10-year median of 2.19. GuruFocus rates MEX:HRL with a GF Score™ of 49/100 and a GF Value™ of MXN523.33 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, Hormel Foods ranks worse than 60.37% on this metric.

As of today (2026-07-31), Hormel Foods's current share price is MXN425.00. Hormel Foods's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was MXN447.07. Hormel Foods's Cyclically Adjusted PS Ratio for today is 0.95.

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

MEX:HRL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.19   Max: 2.92
Current: 1.07

During the past years, Hormel Foods's highest Cyclically Adjusted PS Ratio was 2.92. The lowest was 0.83. And the median was 2.19.

MEX:HRL's Cyclically Adjusted PS Ratio is ranked worse than
60.37% of 1451 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs MEX:HRL: 1.07

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.

Hormel Foods's adjusted revenue per share data for the three months ended in Apr. 2026 was MXN94.513. 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 MXN447.07 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hormel Foods  (MEX:HRL) 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.


Hormel Foods Cyclically Adjusted PS Ratio Related Terms


Hormel Foods Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hormel Foods'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.

Hormel Foods Cyclically Adjusted PS Ratio Chart

Hormel Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 2.17 1.47 1.35 0.93

Hormel Foods Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.30 1.22 0.93 1.06 0.91

MEX:HRL vs MKC, JBS, SJM: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Hormel Foods'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.


Hormel Foods Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


MEX:HRL
49GF Score
Hormel Foods Corp MEX:HRL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hormel Foods 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.

Hormel Foods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=425.00/447.07
=0.95

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Hormel Foods's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=94.513/333.0200*333.0200
=94.513

Current CPI (Apr. 2026) = 333.0200.

Hormel Foods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 79.671 240.628 110.262
201610 91.236 241.729 125.692
201701 87.970 242.839 120.639
201704 76.745 244.524 104.520
201707 73.163 244.786 99.535
201710 88.634 246.663 119.665
201801 79.878 247.867 107.320
201804 80.596 250.546 107.126
201807 80.688 252.006 106.627
201810 93.758 252.885 123.468
201901 82.196 251.712 108.747
201904 81.521 255.548 106.235
201907 80.024 256.571 103.868
201910 88.201 257.346 114.137
202001 82.674 257.971 106.726
202004 106.316 256.389 138.092
202007 96.738 259.101 124.336
202010 93.955 260.388 120.163
202101 91.061 261.582 115.930
202104 96.017 267.054 119.735
202107 103.695 273.003 126.491
202110 129.733 276.589 156.202
202201 114.662 281.148 135.817
202204 114.616 289.109 132.024
202207 112.311 296.276 126.240
202210 118.463 298.012 132.379
202301 101.929 299.170 113.462
202304 97.557 303.363 107.094
202307 90.299 305.691 98.372
202310 105.308 307.671 113.984
202401 93.947 308.417 101.441
202404 89.797 313.548 95.374
202407 98.138 314.540 103.904
202410 114.405 315.664 120.695
202501 112.132 317.671 117.550
202504 103.143 320.795 107.074
202507 103.517 323.048 106.712
202510 107.268 0.000
202601 95.372 325.252 97.650
202604 94.513 333.020 94.513

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 0.95 mean?
Hormel Foods (MEX:HRL) has a Cyclically Adjusted PS Ratio of 0.95 as of Jul. 31, 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 Hormel Foods and its competitors. This is 57% below median its historical median of 2.19. Over the past decade, Hormel Foods' Cyclically Adjusted PS Ratio has ranged from 0.83 to 2.92. According to the industry distribution chart, Hormel Foods ranks #876 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 60.4%.
Is Hormel Foods' Cyclically Adjusted PS Ratio too high?
Hormel Foods' current Cyclically Adjusted PS Ratio of 0.95 is 57% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.92. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Hormel Foods' value of 0.95 is 25% above this industry median. Based on the distribution chart, Hormel Foods ranks #876 out of 1451 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Hormel Foods has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hormel Foods' Cyclically Adjusted PS Ratio compare to MKC and JBS?
According to the Consumer Packaged Goods industry distribution chart, Hormel Foods ranks #876 out of 1451 companies for Cyclically Adjusted PS Ratio. This places Hormel Foods in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Hormel Foods' value of 0.95 is 25% above this benchmark. Historically, Hormel Foods' own Cyclically Adjusted PS Ratio has ranged from 0.83 to 2.92 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 0.76, Hormel Foods 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 1,451 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. Hormel Foods's current Cyclically Adjusted PS Ratio of 0.95 is 25% 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 Hormel Foods 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. Hormel Foods's current Cyclically Adjusted PS Ratio is 0.95, which is 57% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hormel Foods stock overvalued right now?
Based on GuruFocus' analysis, Hormel Foods (MEX:HRL) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN523.33, compared to a current price of MXN425.00 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 57% below median its 10-year median of 2.19 and 25% above the Consumer Packaged Goods industry median of 0.76. Hormel Foods' overall GF Score™ is 49/100 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 Hormel Foods (MEX:HRL), the current Cyclically Adjusted PS Ratio is 0.95 as of Jul. 31, 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 Hormel Foods (MEX:HRL) Overvalued in 2026?

Based on GuruFocus' analysis, Hormel Foods stock appears to be undervalued. The current stock price of MXN425.00 is trading 18.8% below its estimated GF Value™ of MXN523.33. GuruFocus considers Hormel Foods to be Modestly Undervalued.

Key valuation signals for MEX:HRL:

  • Cyclically Adjusted PS Ratio: 0.95 (57% below median its 10-year median of 2.19)
  • GF Value™: MXN523.33 vs. price of MXN425.00 (18.8% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 25% above the Consumer Packaged Goods median (#876 of 1451)

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


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 became a branded food company. The firm sells its wares through multiple channels, including US retail (61.6% of fiscal 2025 sales), US foodservice (32.6%), and international (5.9%). By product, 73% of fiscal 2025 sales were from perishable food and 27% 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.
49GF Score

Get the complete analysis for MEX:HRL

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

MXN425.00
Price
MXN523.33
GF Value