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Conagra Brands (BSP:C1AG34) PB Ratio : 1.66 (As of Dec. 12, 2024)


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What is Conagra Brands PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-12), Conagra Brands's share price is R$168.16. Conagra Brands's Book Value per Share for the quarter that ended in Aug. 2024 was R$101.15. Hence, Conagra Brands's PB Ratio of today is 1.66.

Good Sign:

Conagra Brands Inc stock PB Ratio (=1.52) is close to 10-year low of 1.41

The historical rank and industry rank for Conagra Brands's PB Ratio or its related term are showing as below:

BSP:C1AG34' s PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.09   Max: 4.5
Current: 1.52

During the past 13 years, Conagra Brands's highest PB Ratio was 4.50. The lowest was 1.41. And the median was 2.09.

BSP:C1AG34's PB Ratio is ranked worse than
50.19% of 1815 companies
in the Consumer Packaged Goods industry
Industry Median: 1.51 vs BSP:C1AG34: 1.52

During the past 12 months, Conagra Brands's average Book Value Per Share Growth Rate was -2.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Conagra Brands was 23.70% per year. The lowest was -12.30% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio


Conagra Brands PB Ratio Historical Data

The historical data trend for Conagra Brands's PB 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.

* Premium members only.

Conagra Brands PB Ratio Chart

Conagra Brands Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 2.08 1.75 2.06 1.77

Conagra Brands Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
PB Ratio 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 1.66 1.48 1.43 1.77 1.64

Competitive Comparison of Conagra Brands's PB Ratio

For the Packaged Foods subindustry, Conagra Brands's PB Ratio, along with its competitors' market caps and PB 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's PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Conagra Brands's PB Ratio distribution charts can be found below:

* The bar in red indicates where Conagra Brands's PB Ratio falls into.



Conagra Brands PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Conagra Brands's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2024)
=168.16/101.148
=1.66

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Conagra Brands  (BSP:C1AG34) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Conagra Brands PB Ratio Related Terms

Thank you for viewing the detailed overview of Conagra Brands's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Conagra Brands Business Description

Traded in Other Exchanges
Address
222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, USA, 60654
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of fiscal 2024 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, Wish-Bone, and Chef Boyardee. The company primarily sells through the us retail channel, with just 9% of fiscal 2024 revenue coming from international markets and 10% from foodservice.

Conagra Brands Headlines

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