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Kellanova Co (MEX:K) Forward PE Ratio : 21.52 (As of Dec. 15, 2024)


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What is Kellanova Co Forward PE Ratio?

Kellanova Co's Forward PE Ratio for today is 21.52.

Kellanova Co's PE Ratio without NRI for today is 21.71.

Kellanova Co's PE Ratio (TTM) for today is 27.68.


Kellanova Co Forward PE Ratio Historical Data

The historical data trend for Kellanova Co'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.

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Kellanova Co Forward PE Ratio Chart

Kellanova Co Annual Data
Trend 2020-12 2021-12 2022-12 2023-12 2024-12
Forward PE Ratio
14.93 15.43 17.89 13.74 21.52

Kellanova Co Quarterly Data
2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03 2024-06 2024-09 2024-12
Forward PE Ratio 17.27 15.27 14.93 15.60 16.00 15.34 15.43 15.46 16.89 16.42 17.89 16.45 16.26 13.83 13.74 16.16 16.10 20.33 21.52

Competitive Comparison of Kellanova Co's Forward PE Ratio

For the Packaged Foods subindustry, Kellanova Co'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.


Kellanova Co's Forward PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Kellanova Co's Forward PE Ratio falls into.



Kellanova Co Forward PE Ratio Calculation

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.


Kellanova Co  (MEX:K) 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 .


Kellanova Co Forward PE Ratio Related Terms

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Kellanova Co Business Description

Address
412 N. Wells Street, Chicago, IL, USA, 60654
Following its split from the North American cereal business in October 2023, Kellanova (previously the global snacking arm of Kellogg) has operated as a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base. Mars is slated to acquire the newly independent business in a nearly $36 billion deal in the first half of calendar 2025.