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.
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.
Conagra Brands (MEX:CAG) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Conagra Brands Forward PE Ratio Related Terms
Conagra Brands Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Conagra Brands's Forward PE 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.
Conagra Brands Forward PE Ratio Chart
Conagra Brands Annual Data
Trend
2025-05
2026-05
Forward PE Ratio
9.51
7.85
Conagra Brands Quarterly Data
2025-05
2025-08
2025-11
2026-02
2026-05
Forward PE Ratio
9.51
10.79
9.94
11.23
7.85
MEX:CAG vs PPC, LW, CPB: Forward PE Ratio Comparison
For the Packaged Foods subindustry, Conagra Brands's Forward PE Ratio, along with its competitors' market caps and Forward 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.
Conagra Brands Forward PE Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Conagra Brands's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Conagra Brands's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Conagra Brands (MEX:CAG) has a Forward PE Ratio of 9.86 as of Jul. 29, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Conagra Brands and its competitors. According to the industry distribution chart, Conagra Brands ranks #218 out of 746 companies in the Consumer Packaged Goods industry, placing it in the top 29.2%.
Is Conagra Brands' Forward PE Ratio too high?
Conagra Brands' current Forward PE Ratio is 9.86. The Consumer Packaged Goods industry median Forward PE Ratio is 14.50. Conagra Brands' value of 9.86 is 32% below this industry median. Based on the distribution chart, Conagra Brands ranks #218 out of 746 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Conagra Brands has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Conagra Brands' Forward PE Ratio compare to PPC and LW?
According to the Consumer Packaged Goods industry distribution chart, Conagra Brands ranks #218 out of 746 companies for Forward PE Ratio. This puts Conagra Brands in the upper half of its industry. The industry median Forward PE Ratio is 14.50. Conagra Brands' value of 9.86 is 32% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Consumer Packaged Goods company?
The median Forward PE Ratio among Consumer Packaged Goods companies is 14.50, based on 746 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Conagra Brands's current Forward PE Ratio of 9.86 is 32% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Conagra Brands and its competitors. For the Consumer Packaged Goods industry, the median Forward PE Ratio is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conagra Brands's current Forward PE Ratio is 9.86. 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 (MEX:CAG) is currently considered Possible Value Trap. The stock's GF Value™ is MXN437.00, compared to a current price of MXN272.00 — trading 37.8% below its estimated fair value. The current Forward PE Ratio is 9.86 and 32% below the Consumer Packaged Goods industry median of 14.50. Conagra Brands' overall GF Score™ is 37/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Conagra Brands (MEX:CAG), the current Forward PE Ratio is 9.86 as of Jul. 29, 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 (MEX:CAG) Overvalued in 2026?
Based on GuruFocus' analysis, Conagra Brands stock appears to be undervalued.
The current stock price of MXN272.00 is trading 37.8% below its estimated GF Value™ of MXN437.00.
GuruFocus considers Conagra Brands to be Possible Value Trap.
Key valuation signals for MEX:CAG:
Forward PE Ratio: 9.86
GF Value™: MXN437.00 vs. price of MXN272.00 (37.8% below fair value)
Industry Position: 32% below the Consumer Packaged Goods median (#218 of 746)
No single metric tells the full story. See the MEX:CAG 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.
37GF Score
Get the complete analysis for MEX:CAG
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:CAG has been successfully added to your 
