Conagra BrandsLTS:0I2P -1.70%55 PB Ratio is 0.81 as of Jul. 09, 2026, which is 58% below its 10-year median of 1.92. GuruFocus rates LTS:0I2P with a GF Score™ of 55/100 and a GF Value™ of $25.90 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Conagra Brands ranks better than 71.44% 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 (2026-07-09), Conagra Brands's share price is $13.87. Conagra Brands's Book Value per Share for the quarter that ended in Feb. 2026 was $17.06. Hence, Conagra Brands's PB Ratio of today is 0.81.
Good Sign:
Conagra Brands Inc stock PB Ratio (=0.81) is close to 10-year low of 0.76.
The historical rank and industry rank for Conagra Brands's PB Ratio or its related term are showing as below:
LTS:0I2P'
s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.92 Max: 4.44
Current: 0.81
During the past 13 years, Conagra Brands's highest PB Ratio was 4.44. The lowest was 0.76. And the median was 1.92.
LTS:0I2P's PB Ratio is ranked better than 71.44% of 1894
companies
in the Consumer Packaged Goods industry
Industry Median: 1.345
vs LTS:0I2P: 0.81
During the past 12 months, Conagra Brands's average Book Value Per Share Growth Rate was -7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% 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 5.20% per year.
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
Conagra Brands PB Ratio Historical Data
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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.
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 PB Ratio vs 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.
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:
* 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 (LTS:0I2P) has a PB Ratio of 0.81 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Conagra Brands and its competitors. This is 58% below median its historical median of 1.92. Over the past decade, Conagra Brands' PB Ratio has ranged from 0.76 to 4.44. According to the industry distribution chart, Conagra Brands ranks #541 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 28.6%.
Is Conagra Brands' PB Ratio too high?
Conagra Brands' current PB Ratio of 0.81 is 58% below median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 4.44. The Consumer Packaged Goods industry median PB Ratio is 1.35. Conagra Brands' value of 0.81 is 39.8% below this industry median. Based on the distribution chart, Conagra Brands ranks #541 out of 1894 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Conagra Brands has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Conagra Brands' PB Ratio compare to CPB and PPC?
According to the Consumer Packaged Goods industry distribution chart, Conagra Brands ranks #541 out of 1894 companies for PB Ratio. This puts Conagra Brands in the upper half of its industry. The industry median PB Ratio is 1.35. Conagra Brands' value of 0.81 is 39.8% below this benchmark. Historically, Conagra Brands' own PB Ratio has ranged from 0.76 to 4.44 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.35, Conagra Brands has consistently been below 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 1.35, based on 1,894 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. Conagra Brands's current PB Ratio of 0.81 is 39.8% 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 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 Conagra Brands and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conagra Brands's current PB Ratio is 0.81, which is 58% below median its own 10-year median of 1.92. 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 (LTS:0I2P) is currently considered Possible Value Trap. The stock's GF Value™ is $25.90, compared to a current price of $13.87 — trading 46.4% below its estimated fair value. The current PB Ratio is 0.81, which is 58% below median its 10-year median of 1.92 and 39.8% below the Consumer Packaged Goods industry median of 1.35. Conagra Brands' overall GF Score™ is 55/100 with 3 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 Conagra Brands (LTS:0I2P), the current PB Ratio is 0.81 as of Jul. 09, 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 (LTS:0I2P) Overvalued in 2026?
Based on GuruFocus' analysis, Conagra Brands stock appears to be undervalued.
The current stock price of $13.87 is trading 46.4% below its estimated GF Value™ of $25.90.
GuruFocus considers Conagra Brands to be Possible Value Trap.
Key valuation signals for LTS:0I2P:
PB Ratio: 0.81 (58% below median its 10-year median of 1.92)
GF Value™: $25.90 vs. price of $13.87 (46.4% below fair value)
Industry Position: 39.8% below the Consumer Packaged Goods median (#541 of 1894)
No single metric tells the full story. See the LTS:0I2P 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.
55GF Score
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