Hormel Foods (MEX:HRL) Cyclically Adjusted Revenue per Share: MXN447.07 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:HRL Hormel Foods Corp MEX:HRL
49 GF Score
Price MXN425.00
GF Value MXN523.33
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hormel Foods Cyclically Adjusted Revenue per Share?

Hormel Foods MEX:HRL 49 Cyclically Adjusted Revenue per Share is MXN447.07 as of Apr. 2026. 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.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is MXN447.07 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Hormel Foods's average Cyclically Adjusted Revenue Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Hormel Foods was 8.00% per year. The lowest was 2.30% per year. And the median was 5.20% per year.

As of today (2026-07-31), Hormel Foods's current stock 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 of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hormel Foods was 2.92. The lowest was 0.83. And the median was 2.19.


Hormel Foods  (MEX:HRL) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hormel Foods was 2.92. The lowest was 0.83. And the median was 2.19.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Hormel Foods Cyclically Adjusted Revenue per Share Related Terms


Hormel Foods Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hormel Foods's Cyclically Adjusted Revenue 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.

Hormel Foods Cyclically Adjusted Revenue per Share Chart

Hormel Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 401.03 436.33 435.20

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 Revenue 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 450.93 483.55 435.20 388.87 447.07

MEX:HRL vs MKC, JBS, SJM: Cyclically Adjusted Revenue per Share 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 Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hormel Foods Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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.

What does a Cyclically Adjusted Revenue per Share of MXN447.07 mean?
Hormel Foods (MEX:HRL) has a Cyclically Adjusted Revenue per Share of MXN447.07 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hormel Foods and its competitors.
Is Hormel Foods' Cyclically Adjusted Revenue per Share too high?
Hormel Foods' current Cyclically Adjusted Revenue per Share is MXN447.07. 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 Revenue per Share compare to MKC and JBS?
Hormel Foods' Cyclically Adjusted Revenue per Share of MXN447.07 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hormel Foods and its competitors. Hormel Foods's current Cyclically Adjusted Revenue per Share is MXN447.07. 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 Revenue per Share is MXN447.07. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Hormel Foods (MEX:HRL), the current Cyclically Adjusted Revenue per Share is MXN447.07 as of Apr. 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 Revenue per Share: MXN447.07
  • GF Value™: MXN523.33 vs. price of MXN425.00 (18.8% below fair value)
  • GF Score™: 49/100 with 6 warning signs

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 Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN425.00
Price
MXN523.33
GF Value