Hormel Foods (FRA:HO7) PB Ratio: 1.76 (As of Jun. 25, 2026) — 52% Below Median


FRA:HO7 Hormel Foods Corp FRA:HO7
64 GF Score
Price €21.79
GF Value €26.63
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Hormel Foods PB Ratio?

Hormel Foods FRA:HO7 +1.77% 64 PB Ratio is 1.76 as of Jun. 25, 2026, which is 52% below its 10-year median of 3.63. GuruFocus rates FRA:HO7 with a GF Score™ of 64/100 and a GF Value™ of €26.63 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,895 Consumer Packaged Goods companies, Hormel Foods ranks worse than 62.64% on this metric.

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 (2026-06-25), Hormel Foods's share price is €21.79. Hormel Foods's Book Value per Share for the quarter that ended in Apr. 2026 was €12.37. Hence, Hormel Foods's PB Ratio of today is 1.76.

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

FRA:HO7' s PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 3.63   Max: 4.66
Current: 1.77

During the past 13 years, Hormel Foods's highest PB Ratio was 4.66. The lowest was 1.36. And the median was 3.63.

FRA:HO7's PB Ratio is ranked worse than
62.64% of 1895 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs FRA:HO7: 1.77

During the past 12 months, Hormel Foods's average Book Value Per Share Growth Rate was -0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hormel Foods was 13.20% per year. The lowest was 1.40% per year. And the median was 10.30% per year.

Back to Basics: PB Ratio


Hormel Foods  (FRA:HO7) 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.


Hormel Foods PB Ratio Related Terms


Hormel Foods PB Ratio Historical Data

* Premium members only.

The historical data trend for Hormel Foods'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.

Hormel Foods PB Ratio Chart

Hormel Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 3.36 2.27 2.11 1.52

Hormel Foods Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.99 1.96 1.52 1.64 1.47

FRA:HO7 vs MKC, JBS, SJM: PB Ratio Comparison

For the Packaged Foods subindustry, Hormel Foods'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.


Hormel Foods PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Hormel Foods's PB Ratio falls into.


FRA:HO7
64GF Score
Hormel Foods Corp FRA:HO7
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hormel Foods 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.

Hormel Foods's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2026)
=21.79/12.373
=1.76

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.76 mean?
Hormel Foods (FRA:HO7) has a PB Ratio of 1.76 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hormel Foods and its competitors. This is 52% below median its historical median of 3.63. Over the past decade, Hormel Foods' PB Ratio has ranged from 1.36 to 4.66. According to the industry distribution chart, Hormel Foods ranks #1187 out of 1895 companies in the Consumer Packaged Goods industry, placing it in the top 62.6%.
Is Hormel Foods' PB Ratio too high?
Hormel Foods' current PB Ratio of 1.76 is 52% below median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 4.66. The Consumer Packaged Goods industry median PB Ratio is 1.33. Hormel Foods' value of 1.76 is 32.3% above this industry median. Based on the distribution chart, Hormel Foods ranks #1187 out of 1895 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Hormel Foods has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hormel Foods' PB Ratio compare to MKC and JBS?
According to the Consumer Packaged Goods industry distribution chart, Hormel Foods ranks #1187 out of 1895 companies for PB Ratio. This places Hormel Foods in the lower half of its industry. The industry median PB Ratio is 1.33. Hormel Foods' value of 1.76 is 32.3% above this benchmark. Historically, Hormel Foods' own PB Ratio has ranged from 1.36 to 4.66 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 1.33, Hormel Foods 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 PB Ratio for a Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.33, based on 1,895 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hormel Foods's current PB Ratio of 1.76 is 32.3% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hormel Foods and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hormel Foods's current PB Ratio is 1.76, which is 52% below median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hormel Foods stock overvalued right now?
Based on GuruFocus' analysis, Hormel Foods (FRA:HO7) is currently considered Modestly Undervalued. The stock's GF Value™ is €26.63, compared to a current price of €21.79 — trading 18.2% below its estimated fair value. The current PB Ratio is 1.76, which is 52% below median its 10-year median of 3.63 and 32.3% above the Consumer Packaged Goods industry median of 1.33. Hormel Foods' overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Hormel Foods (FRA:HO7), the current PB Ratio is 1.76 as of Jun. 25, 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 Hormel Foods (FRA:HO7) Overvalued in 2026?

Based on GuruFocus' analysis, Hormel Foods stock appears to be undervalued. The current stock price of €21.79 is trading 18.2% below its estimated GF Value™ of €26.63. GuruFocus considers Hormel Foods to be Modestly Undervalued.

Key valuation signals for FRA:HO7:

  • PB Ratio: 1.76 (52% below median its 10-year median of 3.63)
  • GF Value™: €26.63 vs. price of €21.79 (18.2% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 32.3% above the Consumer Packaged Goods median (#1187 of 1895)

No single metric tells the full story. See the FRA:HO7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hormel Foods Business Description

Address 1 Hormel Place, Austin, MN, USA, 55912-3680
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and became a branded food company. The firm sells its wares through multiple channels, including US retail (61.6% of fiscal 2025 sales), US foodservice (32.6%), and international (5.9%). By product, 73% of fiscal 2025 sales were from perishable food and 27% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
64GF Score

Get the complete analysis for FRA:HO7

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

€21.79
Price
€26.63
GF Value