General Mills Stock

General Mills P/E 2024

General Mills P/E

15.73

Ticker

GIS

ISIN

US3703341046

WKN

853862

As of Nov 28, 2024, General Mills's P/E ratio was 15.73, a -19.08% change from the 19.44 P/E ratio recorded in the previous year.

The General Mills P/E history

General Mills Aktienanalyse

What does General Mills do?

General Mills Inc is an American food company specializing in the production and distribution of food. It was founded in 1866 by Cadwallader C. Washburn, who established the Washburn-Crosby Company. In 1928, Washburn-Crosby merged with 26 other grain mill companies to form General Mills. The company is headquartered in Minneapolis, Minnesota and has been a significant player in the food product market for many years. General Mills has primarily focused on the production of breakfast cereals, snacks, and baked goods in recent decades and also operates the well-known yogurt company Yoplait. General Mills' business model is based on developing products that meet the needs and desires of customers. The company places great importance on the high quality of ingredients and the use of sustainable methods in production. Today, the company is divided into various divisions including baked goods, cereal products, yogurt, and snack products. Each division offers a variety of products tailored to the needs of customers in different regions and markets. Some of General Mills' most famous brands include Cheerios, Lucky Charms, Nature Valley, Pillsbury, Old El Paso, and Betty Crocker. These brands are well-known and popular worldwide, ensuring General Mills maintains a leading position in many markets. Cheerios is one of General Mills' most well-known brands. The breakfast cereal was first introduced in 1941 and has since become a crucial part of the American breakfast. Cheerios are available in many different varieties, including Honey Nut Cheerios, Chocolate Cheerios, and Multi-Grain Cheerios. Pillsbury is another significant brand of General Mills, known primarily for its baked goods such as cookies, rolls, and dough. Pillsbury's product range also includes dishes like pizza and frozen cakes. Nature Valley is a brand of snack products produced by General Mills. The brand is known for its granola bars made from natural ingredients. The bars are available in many different varieties, some of which are gluten-free or free of artificial sweeteners. General Mills also has a wide range of yogurt products under the Yoplait brand. Yoplait yogurt is available in many different flavors, including some specifically tailored to the needs of children. In summary, General Mills is a leading manufacturer of food products. The company offers a wide range of products tailored to the needs of customers in various regions and markets. General Mills emphasizes quality and sustainability in the production of its products, and it is a significant player in the food product market in many areas. General Mills ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering General Mills's P/E Ratio

The Price to Earnings (P/E) Ratio of General Mills is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing General Mills's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of General Mills is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in General Mills’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about General Mills stock

What is the price-to-earnings ratio of General Mills?

The price-earnings ratio of General Mills is currently 15.73.

How has the price-earnings ratio of General Mills changed compared to last year?

The price-to-earnings ratio of General Mills has increased by -19.08% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of General Mills high compared to other companies?

Yes, the price-to-earnings ratio of General Mills is high compared to other companies.

How does an increase in the price-earnings ratio of General Mills affect the company?

An increase in the price-earnings ratio of General Mills would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of General Mills affect the company?

A decrease in the price-earnings ratio of General Mills would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of General Mills?

Some factors that influence the price-earnings ratio of General Mills are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does General Mills pay?

Over the past 12 months, General Mills paid a dividend of 2.38 USD . This corresponds to a dividend yield of about 3.59 %. For the coming 12 months, General Mills is expected to pay a dividend of 2.68 USD.

What is the dividend yield of General Mills?

The current dividend yield of General Mills is 3.59 %.

When does General Mills pay dividends?

General Mills pays a quarterly dividend. This is distributed in the months of February, May, August, November.

How secure is the dividend of General Mills?

General Mills paid dividends every year for the past 25 years.

What is the dividend of General Mills?

For the upcoming 12 months, dividends amounting to 2.68 USD are expected. This corresponds to a dividend yield of 4.05 %.

In which sector is General Mills located?

General Mills is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von General Mills kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of General Mills from 11/1/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 10/10/2024.

When did General Mills pay the last dividend?

The last dividend was paid out on 11/1/2024.

What was the dividend of General Mills in the year 2023?

In the year 2023, General Mills distributed 2.85 USD as dividends.

In which currency does General Mills pay out the dividend?

The dividends of General Mills are distributed in USD.

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Andere Kennzahlen von General Mills

Our stock analysis for General Mills Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of General Mills Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.