The Hershey CoMEX:HSY 74 PE Ratio without NRI is 25.81 as of Jun. 30, 2026, which is 12% above its 10-year median of 22.95. GuruFocus rates MEX:HSY with a GF Score™ of 74/100 and a GF Value™ of MXN3,649.31 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, The Hershey Co ranks worse than 74.64% on this metric.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-06-30), The Hershey Co's share price is MXN3090.00.
The Hershey Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was MXN119.80. Therefore, The Hershey Co's PE Ratio without NRI for today is 25.81.
During the past 13 years, The Hershey Co's highest PE Ratio without NRI was 37.45. The lowest was 15.93. And the median was 22.95.
The Hershey Co's EPS without NRI for the
three
months ended in Mar. 2026 was MXN42.38.
Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was MXN119.80.
During the past years, The Hershey Co's highestPE Ratio (TTM) was 54.44. The lowest was 13.69. And the median was 26.01.
The Hershey Co's
EPS (Diluted) for the
three
months ended in Mar. 2026 was MXN38.41.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN97.46.
The Hershey Co's EPS (Basic) for the
three
months ended in Mar. 2026 was MXN39.49.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN100.37.
The Hershey Co (MEX:HSY) PE Ratio without NRI Explanation
The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.
If a company loses money, the PE Ratio becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.
Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.
The Hershey Co PE Ratio without NRI Related Terms
The Hershey Co PE Ratio without NRI Historical Data
* Premium members only.
The historical data trend for The Hershey Co's PE Ratio without NRI 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.
MEX:HSY vs TR, SOWG, RMCF: PE Ratio without NRI Comparison
For the Confectioners subindustry, The Hershey Co's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 Hershey Co PE Ratio without NRI vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where The Hershey Co's PE Ratio without NRI falls into.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.
The Hershey Co's PE Ratio without NRI for today is calculated as
The Hershey Co's Share Price of today is MXN3090.00.
The Hershey Co's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN119.80.
* 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.
There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.
For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
The Hershey Co (MEX:HSY) has a PE Ratio without NRI of 25.81 as of Jun. 30, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on The Hershey Co and its competitors. This is 12% above median its historical median of 22.95. Over the past decade, The Hershey Co's PE Ratio without NRI has ranged from 15.93 to 37.45. According to the industry distribution chart, The Hershey Co ranks #1083 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 74.6%.
Is The Hershey Co's PE Ratio without NRI too high?
The Hershey Co's current PE Ratio without NRI of 25.81 is 12% above median its 10-year median of 22.95. Over the past 10 years, this metric has ranged from a low of 15.93 to a high of 37.45. The Consumer Packaged Goods industry median PE Ratio without NRI is 15.97. The Hershey Co's value of 25.81 is 61.6% above this industry median. Based on the distribution chart, The Hershey Co ranks #1083 out of 1451 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, The Hershey Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Hershey Co's PE Ratio without NRI compare to TR and SOWG?
According to the Consumer Packaged Goods industry distribution chart, The Hershey Co ranks #1083 out of 1451 companies for PE Ratio without NRI. This places The Hershey Co in the lower half of its industry. The industry median PE Ratio without NRI is 15.97. The Hershey Co's value of 25.81 is 61.6% above this benchmark. Historically, The Hershey Co's own PE Ratio without NRI has ranged from 15.93 to 37.45 over the past decade. While the company's 10-year median is 22.95 vs. the industry median of 15.97, The Hershey 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 PE Ratio without NRI for a Consumer Packaged Goods company?
The median PE Ratio without NRI among Consumer Packaged Goods companies is 15.97, based on 1,451 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Hershey Co's current PE Ratio without NRI of 25.81 is 61.6% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on The Hershey Co and its competitors. For the Consumer Packaged Goods industry, the median PE Ratio without NRI is 15.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hershey Co's current PE Ratio without NRI is 25.81, which is 12% above median its own 10-year median of 22.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hershey Co stock overvalued right now?
Based on GuruFocus' analysis, The Hershey Co (MEX:HSY) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,649.31, compared to a current price of MXN3,090.00 — trading 15.3% below its estimated fair value. The current PE Ratio without NRI is 25.81, which is 12% above median its 10-year median of 22.95 and 61.6% above the Consumer Packaged Goods industry median of 15.97. The Hershey Co's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For The Hershey Co (MEX:HSY), the current PE Ratio without NRI is 25.81 as of Jun. 30, 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 Hershey Co (MEX:HSY) Overvalued in 2026?
Based on GuruFocus' analysis, The Hershey Co stock appears to be undervalued.
The current stock price of MXN3,090.00 is trading 15.3% below its estimated GF Value™ of MXN3,649.31.
GuruFocus considers The Hershey Co to be Modestly Undervalued.
Key valuation signals for MEX:HSY:
PE Ratio without NRI: 25.81 (12% above median its 10-year median of 22.95)
GF Value™: MXN3,649.31 vs. price of MXN3,090.00 (15.3% below fair value)
Industry Position: 61.6% above the Consumer Packaged Goods median (#1083 of 1451)
No single metric tells the full story. See the MEX:HSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hershey is a leading US confectionery manufacturer (around a $55 billion market, according to Euromonitor), controlling 35% of the domestic chocolate aisle. Beyond its namesake label, the firm's portfolio has expanded over the last 85 years and now comprises 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the US, including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confectionery business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its portfolio, as well as Pirate Brands, Dot's Pretzels, and LesserEvil over the past few years.
74GF Score
Get the complete analysis for MEX:HSY
PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:HSY has been successfully added to your 
