As of today (2025-05-09), Hormel Foods's share price is $29.21. Hormel Foods's Tangible Book per Share of Jan. 2025 for the quarter that ended in Jan. 2025 was $2.52. Hence, Hormel Foods's Price to Tangible Book Ratio of today is 11.61.
The historical rank and industry rank for Hormel Foods's Price-to-Tangible-Book or its related term are showing as below:
HRL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.97 Med: 12.33 Max: 1449.38
Current: 11.59
During the past 13 years, Hormel Foods's highest Price to Tangible Book Ratio was 1449.38. The lowest was 6.97. And the median was 12.33.
HRL's Price-to-Tangible-Book is ranked worse than 95.93% of 1722
companies
in the Consumer Packaged Goods industry
Industry Median: 1.54
vs HRL: 11.59
Hormel Foods Price-to-Tangible-Book Historical Data
The historical data trend for Hormel Foods's Price-to-Tangible-Book 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.
Competitive Comparison of Hormel Foods's Price-to-Tangible-Book
For the Packaged Foods subindustry, Hormel Foods's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Hormel Foods's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Hormel Foods Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Hormel Foods's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including US retail (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% 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.
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