General Mills (LTS:0R1X) E10: $4.15 (As of May. 2026)


LTS:0R1X General Mills Inc LTS:0R1X
59 GF Score
Price $37.56
GF Value $62.47
Valuation Significantly Undervalued
! 6 Warning Signs
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What is General Mills E10?

General Mills LTS:0R1X 59 E10 is $4.15 as of May. 2026. GuruFocus rates LTS:0R1X with a GF Score™ of 59/100 and a GF Value™ of $62.47 (Significantly 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 P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

General Mills's adjusted earnings per share data for the three months ended in May. 2026 was $-3.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.15 for the trailing ten years ended in May. 2026.

During the past 12 months, General Mills's average E10 Growth Rate was -5.10% per year. During the past 3 years, the average E10 Growth Rate was 1.80% per year. During the past 5 years, the average E10 Growth Rate was 5.10% per year. During the past 10 years, the average E10 Growth Rate was 6.10% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of General Mills was 9.90% per year. The lowest was 1.80% per year. And the median was 6.20% per year.

As of today (2026-07-04), General Mills's current stock price is $37.56. General Mills's E10 for the quarter that ended in May. 2026 was $4.15. General Mills's Shiller PE Ratio of today is 9.05.

During the past 13 years, the highest Shiller PE Ratio of General Mills was 29.46. The lowest was 7.41. And the median was 18.32.


General Mills  (LTS:0R1X) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

General Mills's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=37.56/4.15
=9.05

* 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 Shiller P/E Ratio of General Mills was 29.46. The lowest was 7.41. And the median was 18.32.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


General Mills E10 Related Terms


General Mills E10 Historical Data

* Premium members only.

The historical data trend for General Mills's E10 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 E10 Chart

General Mills Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 3.89 4.01 4.32 4.15

General Mills Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
E10 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 4.32 4.42 4.45 4.46 4.15

LTS:0R1X vs HRL, MKC, JBS: E10 Comparison

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

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

* The bar in red indicates where General Mills's Shiller PE Ratio falls into.


LTS:0R1X
59GF Score
General Mills Inc LTS:0R1X
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General Mills E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, General Mills's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=-3.74/335.1230*335.1230
=-3.740

Current CPI (May. 2026) = 335.1230.

General Mills Quarterly Data

per share eps CPI Adj_EPS
201608 0.670 240.849 0.932
201611 0.800 241.353 1.111
201702 0.610 243.603 0.839
201705 0.690 244.733 0.945
201708 0.690 245.519 0.942
201711 0.740 246.669 1.005
201802 1.620 248.991 2.180
201805 0.590 251.588 0.786
201808 0.650 252.146 0.864
201811 0.570 252.038 0.758
201902 0.740 252.776 0.981
201905 0.940 256.092 1.230
201908 0.850 256.558 1.110
201911 0.950 257.208 1.238
202002 0.740 258.678 0.959
202005 1.020 256.394 1.333
202008 1.030 259.918 1.328
202011 1.110 260.229 1.429
202102 0.960 263.014 1.223
202105 0.675 269.195 0.840
202108 1.020 273.567 1.250
202111 0.970 277.948 1.170
202202 1.080 283.716 1.276
202205 1.350 292.296 1.548
202208 1.350 296.171 1.528
202211 1.010 297.711 1.137
202302 0.920 300.840 1.025
202305 1.030 304.127 1.135
202308 1.140 307.026 1.244
202311 1.020 307.051 1.113
202402 1.170 310.326 1.263
202405 0.980 314.069 1.046
202408 1.030 314.796 1.097
202411 1.420 315.493 1.508
202502 1.120 319.082 1.176
202505 0.530 321.465 0.553
202508 2.220 323.976 2.296
202511 0.780 324.122 0.806
202602 0.560 326.785 0.574
202605 -3.740 335.123 -3.740

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $4.15 mean?
General Mills (LTS:0R1X) has a E10 of $4.15 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on General Mills and its competitors.
Is General Mills' E10 too high?
General Mills' current E10 is $4.15. Overall, General Mills has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does General Mills' E10 compare to HRL and MKC?
General Mills' E10 of $4.15 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 E10 for a Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on General Mills and its competitors. General Mills's current E10 is $4.15. 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 (LTS:0R1X) is currently considered Significantly Undervalued. The stock's GF Value™ is $62.47, compared to a current price of $37.56 — trading 39.9% below its estimated fair value. The current E10 is $4.15. General Mills' overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For General Mills (LTS:0R1X), the current E10 is $4.15 as of May. 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 (LTS:0R1X) Overvalued in 2026?

Based on GuruFocus' analysis, General Mills stock appears to be undervalued. The current stock price of $37.56 is trading 39.9% below its estimated GF Value™ of $62.47. GuruFocus considers General Mills to be Significantly Undervalued.

Key valuation signals for LTS:0R1X:

  • E10: $4.15
  • GF Value™: $62.47 vs. price of $37.56 (39.9% below fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the LTS:0R1X 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.
59GF Score

Get the complete analysis for LTS:0R1X

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.56
Price
$62.47
GF Value