General Mills (XSWX:GIS) Shiller PE Ratio: 10.33 (As of Aug. 31, 2026) — 43% Below Median

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XSWX:GIS General Mills Inc XSWX:GIS
52 GF Score
Price CHF33.15
GF Value CHF48.33
! 5 Warning Signs
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What is General Mills Shiller PE Ratio?

General Mills XSWX:GIS +3.14% 52 Shiller PE Ratio is 10.33 as of Aug. 31, 2026, which is 43% below its 10-year median of 18.26. GuruFocus rates XSWX:GIS with a GF Score™ of 52/100 and a GF Value™ of CHF48.33. The stock has 5 warning signs investors should review. Among 1,127 Consumer Packaged Goods companies, General Mills ranks better than 76.93% on this metric.

As of today (2026-08-31), General Mills's current share price is CHF33.145. General Mills's E10 for the quarter that ended in May. 2026 was CHF3.21. General Mills's Shiller PE Ratio for today is 10.33.

The historical rank and industry rank for General Mills's Shiller PE Ratio or its related term are showing as below:

XSWX:GIS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.41   Med: 18.26   Max: 28.49
Current: 10.12

During the past years, General Mills's highest Shiller PE Ratio was 28.49. The lowest was 7.41. And the median was 18.26.

XSWX:GIS's Shiller PE Ratio is ranked better than
76.93% of 1127 companies
in the Consumer Packaged Goods industry
Industry Median: 17.51 vs XSWX:GIS: 10.12

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

General Mills's adjusted earnings per share data for the three months ended in May. 2026 was CHF-2.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF3.21 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Mills  (XSWX:GIS) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


General Mills Shiller PE Ratio Related Terms


General Mills Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for General Mills's Shiller PE 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.

General Mills Shiller PE Ratio Chart

General Mills Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.04 21.65 16.88 12.57 8.24

General Mills Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Shiller PE 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 12.57 11.01 10.67 10.16 8.24

XSWX:GIS vs MKC, JBS, SJM: Shiller PE Ratio Comparison

For the Packaged Foods subindustry, General Mills's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where General Mills's Shiller PE Ratio falls into.


XSWX:GIS
52GF Score
General Mills Inc XSWX:GIS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General Mills Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

General Mills's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=33.145/3.21
=10.33

* 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.

General Mills's E10 for the quarter that ended in May. 2026 is calculated as:

For example, General Mills's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=-2.93/335.1230*335.1230
=-2.930

Current CPI (May. 2026) = 335.1230.

General Mills Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201608 0.651 240.849 0.906
201611 0.797 241.353 1.107
201702 0.611 243.603 0.841
201705 0.681 244.733 0.933
201708 0.666 245.519 0.909
201711 0.734 246.669 0.997
201802 1.516 248.991 2.040
201805 0.588 251.588 0.783
201808 0.642 252.146 0.853
201811 0.571 252.038 0.759
201902 0.741 252.776 0.982
201905 0.950 256.092 1.243
201908 0.832 256.558 1.087
201911 0.943 257.208 1.229
202002 0.722 258.678 0.935
202005 0.989 256.394 1.293
202008 0.937 259.918 1.208
202011 1.011 260.229 1.302
202102 0.862 263.014 1.098
202105 0.609 269.195 0.758
202108 0.933 273.567 1.143
202111 0.894 277.948 1.078
202202 0.997 283.716 1.178
202205 1.324 292.296 1.518
202208 1.292 296.171 1.462
202211 0.976 297.711 1.099
202302 0.852 300.840 0.949
202305 0.925 304.127 1.019
202308 1.001 307.026 1.093
202311 0.908 307.051 0.991
202402 1.026 310.326 1.108
202405 0.891 314.069 0.951
202408 0.884 314.796 0.941
202411 1.251 315.493 1.329
202502 1.012 319.082 1.063
202505 0.440 321.465 0.459
202508 1.789 323.976 1.851
202511 0.627 324.122 0.648
202602 0.433 326.785 0.444
202605 -2.930 335.123 -2.930

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 10.33 mean?
General Mills (XSWX:GIS) has a Shiller PE Ratio of 10.33 as of Aug. 31, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on General Mills and its competitors. This is 43% below median its historical median of 18.26. Over the past decade, General Mills' Shiller PE Ratio has ranged from 7.41 to 28.49. According to the industry distribution chart, General Mills ranks #260 out of 1127 companies in the Consumer Packaged Goods industry, placing it in the top 23.1%.
Is General Mills' Shiller PE Ratio too high?
General Mills' current Shiller PE Ratio of 10.33 is 43% below median its 10-year median of 18.26. Over the past 10 years, this metric has ranged from a low of 7.41 to a high of 28.49. The Consumer Packaged Goods industry median Shiller PE Ratio is 17.51. General Mills' value of 10.33 is 41% below this industry median. Based on the distribution chart, General Mills ranks #260 out of 1127 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, General Mills has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does General Mills' Shiller PE Ratio compare to MKC and JBS?
According to the Consumer Packaged Goods industry distribution chart, General Mills ranks #260 out of 1127 companies for Shiller PE Ratio. This places General Mills in the top 23% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 17.51. General Mills' value of 10.33 is 41% below this benchmark. Historically, General Mills' own Shiller PE Ratio has ranged from 7.41 to 28.49 over the past decade. While the company's 10-year median is 18.26 vs. the industry median of 17.51, General Mills 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 Shiller PE Ratio for a Consumer Packaged Goods company?
The median Shiller PE Ratio among Consumer Packaged Goods companies is 17.51, based on 1,127 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General Mills's current Shiller PE Ratio of 10.33 is 41% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on General Mills and its competitors. For the Consumer Packaged Goods industry, the median Shiller PE Ratio is 17.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Mills's current Shiller PE Ratio is 10.33, which is 43% below median its own 10-year median of 18.26. 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?
General Mills (XSWX:GIS) has a current Shiller PE Ratio of 10.33. The stock's GF Value™ is CHF48.33, compared to a current price of CHF33.15 — trading 31.4% below its estimated fair value. The current Shiller PE Ratio is 10.33, which is 43% below median its 10-year median of 18.26 and 41% below the Consumer Packaged Goods industry median of 17.51. General Mills' overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For General Mills (XSWX:GIS), the current Shiller PE Ratio is 10.33 as of Aug. 31, 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 (XSWX:GIS) Overvalued in 2026?

Based on GuruFocus' analysis, General Mills stock appears to be undervalued. The current stock price of CHF33.15 is trading 31.4% below its estimated GF Value™ of CHF48.33.

Key valuation signals for XSWX:GIS:

  • Shiller PE Ratio: 10.33 (43% below median its 10-year median of 18.26)
  • GF Value™: CHF48.33 vs. price of CHF33.15 (31.4% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 41% below the Consumer Packaged Goods median (#260 of 1127)

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


General Mills Business Description

Address Number One General Mills Boulevard, Minneapolis, MN, USA, 55426
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.
52GF Score

Get the complete analysis for XSWX:GIS

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

CHF33.15
Price
CHF48.33
GF Value