The Campbell's CoCPB +5.07%58 Piotroski F-Score is 6 as of Jun. 24, 2026, which is at its 10-year median of 6.00. GuruFocus rates CPB with a GF Score™ of 58/100 and a GF Value™ of $41.79 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, The Campbell's Co ranks better than 73.33% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
The Campbell's Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for The Campbell's Co's Piotroski F-Score or its related term are showing as below:
CPB'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 7
Current: 6
During the past 13 years, the highest Piotroski F-Score of The Campbell's Co was 7. The lowest was 4. And the median was 6.
The Campbell's Co (NAS:CPB) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
The Campbell's Co Piotroski F-Score Related Terms
The Campbell's Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for The Campbell's Co's Piotroski F-Score 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.
CPB vs CAG, INGR, LW: Piotroski F-Score Comparison
For the Packaged Foods subindustry, The Campbell's Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
The Campbell's Co Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Campbell's Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where The Campbell's Co's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
The Campbell's Co's current Net Income (TTM) was 608.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
The Campbell's Co's return on assets of this year was 0.04100351. The Campbell's Co's return on assets of last year was 0.02978416.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
The Campbell's Co's gearing of this year was 0.40759752. The Campbell's Co's gearing of last year was 0.39422977.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
The Campbell's Co's current ratio of this year was 0.86628301. The Campbell's Co's current ratio of last year was 0.78132678.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
The Campbell's Co's number of shares in issue this year was 299. The Campbell's Co's number of shares in issue last year was 299.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
The Campbell's Co's gross margin of this year was 0.28847703. The Campbell's Co's gross margin of last year was 0.30210269.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
The Campbell's Co's asset turnover of this year was 0.66954411. The Campbell's Co's asset turnover of last year was 0.67079971.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
The Campbell's Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The Campbell's Co (CPB) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Campbell's Co and its competitors. This is near median its historical median of 6.00. Over the past decade, The Campbell's Co's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, The Campbell's Co ranks #510 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is The Campbell's Co's Piotroski F-Score too high?
The Campbell's Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. The Campbell's Co's value of 6 is 20% above this industry median. Based on the distribution chart, The Campbell's Co ranks #510 out of 1912 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, The Campbell's Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Campbell's Co's Piotroski F-Score compare to CAG and INGR?
According to the Consumer Packaged Goods industry distribution chart, The Campbell's Co ranks #510 out of 1912 companies for Piotroski F-Score. This puts The Campbell's Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. The Campbell's Co's value of 6 is 20% above this benchmark. Historically, The Campbell's Co's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, The Campbell's Co 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 Piotroski F-Score for a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,912 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Campbell's Co's current Piotroski F-Score of 6 is 20% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Campbell's Co and its competitors. For the Consumer Packaged Goods industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Campbell's Co's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Campbell's Co stock overvalued right now?
Based on GuruFocus' analysis, The Campbell's Co (CPB) is currently considered Possible Value Trap. The stock's GF Value™ is $41.79, compared to a current price of $22.28 — trading 46.7% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. The Campbell's Co's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For The Campbell's Co (CPB), the current Piotroski F-Score is 6 as of Jun. 24, 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 The Campbell's Co (CPB) Overvalued in 2026?
Based on GuruFocus' analysis, The Campbell's Co stock appears to be undervalued.
The current stock price of $22.28 is trading 46.7% below its estimated GF Value™ of $41.79.
GuruFocus considers The Campbell's Co to be Possible Value Trap.
Key valuation signals for CPB:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: $41.79 vs. price of $22.28 (46.7% below fair value)
Industry Position: 20% above the Consumer Packaged Goods median (#510 of 1912)
No single metric tells the full story. See the CPB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Over the past 150-plus years, Campbell's has evolved into a leading domestic packaged food manufacturer, with a portfolio that extends beyond its iconic red-and-white labeled canned soup. In fiscal 2025 (July year-end), snacks accounted for 43% of its revenue, followed by soup (27%), other simple meals (23%), and beverages (7%). Beyond its namesake, its brands include Pepperidge Farm, Goldfish, Snyder's of Hanover, Swanson, Pacific Foods, Prego, Pace, V8, and, most recently, Rao's (a deal that closed in 2024). Around 90% of its revenue results from the US and the remainder from Canada and Latin America.
58GF Score
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