General MillsMEX:GIS -0.45%55 PB Ratio is 2.05 as of Jun. 26, 2026, which is 52% below its 10-year median of 4.27. GuruFocus rates MEX:GIS with a GF Score™ of 55/100 and a GF Value™ of MXN1,046.83 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,896 Consumer Packaged Goods companies, General Mills ranks worse than 67.83% 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 (2026-06-26), General Mills's share price is MXN617.20. General Mills's Book Value per Share for the quarter that ended in Feb. 2026 was MXN301.47. Hence, General Mills's PB Ratio of today is 2.05.
Good Sign:
General Mills Inc stock PB Ratio (=2.02) is close to 10-year low of 1.88.
The historical rank and industry rank for General Mills's PB Ratio or its related term are showing as below:
MEX:GIS'
s PB Ratio Range Over the Past 10 Years
Min: 1.88 Med: 4.27 Max: 8.81
Current: 2.02
During the past 13 years, General Mills's highest PB Ratio was 8.81. The lowest was 1.88. And the median was 4.27.
MEX:GIS's PB Ratio is ranked worse than 67.83% of 1896
companies
in the Consumer Packaged Goods industry
Industry Median: 1.33
vs MEX:GIS: 2.02
During the past 12 months, General Mills's average Book Value Per Share Growth Rate was 3.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of General Mills was 323.70% per year. The lowest was -52.40% per year. And the median was 6.20% 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.
General Mills PB Ratio Related Terms
General Mills PB Ratio Historical Data
* Premium members only.
The historical data trend for General Mills'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, General Mills'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.
General Mills PB Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's PB Ratio distribution charts can be found below:
* The bar in red indicates where General Mills'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.
General Mills'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.
General Mills (MEX:GIS) has a PB Ratio of 2.05 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on General Mills and its competitors. This is 52% below median its historical median of 4.27. Over the past decade, General Mills' PB Ratio has ranged from 1.88 to 8.81. According to the industry distribution chart, General Mills ranks #1286 out of 1896 companies in the Consumer Packaged Goods industry, placing it in the top 67.8%.
Is General Mills' PB Ratio too high?
General Mills' current PB Ratio of 2.05 is 52% below median its 10-year median of 4.27. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 8.81. The Consumer Packaged Goods industry median PB Ratio is 1.33. General Mills' value of 2.05 is 54.1% above this industry median. Based on the distribution chart, General Mills ranks #1286 out of 1896 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, General Mills has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does General Mills' PB Ratio compare to JBS and HRL?
According to the Consumer Packaged Goods industry distribution chart, General Mills ranks #1286 out of 1896 companies for PB Ratio. This places General Mills in the lower half of its industry. The industry median PB Ratio is 1.33. General Mills' value of 2.05 is 54.1% above this benchmark. Historically, General Mills' own PB Ratio has ranged from 1.88 to 8.81 over the past decade. While the company's 10-year median is 4.27 vs. the industry median of 1.33, General Mills 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 1,896 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. General Mills's current PB Ratio of 2.05 is 54.1% 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 General Mills 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. General Mills's current PB Ratio is 2.05, which is 52% below median its own 10-year median of 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Mills stock overvalued right now?
Based on GuruFocus' analysis, General Mills (MEX:GIS) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,046.83, compared to a current price of MXN617.20 — trading 41% below its estimated fair value. The current PB Ratio is 2.05, which is 52% below median its 10-year median of 4.27 and 54.1% above the Consumer Packaged Goods industry median of 1.33. General Mills' overall GF Score™ is 55/100 with 7 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 General Mills (MEX:GIS), the current PB Ratio is 2.05 as of Jun. 26, 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 General Mills (MEX:GIS) Overvalued in 2026?
Based on GuruFocus' analysis, General Mills stock appears to be undervalued.
The current stock price of MXN617.20 is trading 41% below its estimated GF Value™ of MXN1,046.83.
GuruFocus considers General Mills to be Significantly Undervalued.
Key valuation signals for MEX:GIS:
PB Ratio: 2.05 (52% below median its 10-year median of 4.27)
GF Value™: MXN1,046.83 vs. price of MXN617.20 (41% below fair value)
Industry Position: 54.1% above the Consumer Packaged Goods median (#1286 of 1896)
No single metric tells the full story. See the MEX:GIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General Mills is a global packaged-food company that produces snacks, cereal, convenient meals, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2025, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. Although most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.
55GF Score
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