Has the U.S. Packaged Foods and Meats Industry valuation changed over the past few years?

Investors are optimistic on the American Packaged Foods and Meats industry, and appear confident in long term growth rates. The industry is trading at a PE ratio of 45.4x which is higher than its 3-year average PE of 27.1x. The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.83x.

How does U.S. Packaged Foods and Meats compare with similar industries?

There are no additional sub-industries under this industry.

U.S. Packaged Foods and Meats Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 24 Aug 2026	US$330.7b	US$396.3b	US$7.3b	17.5x	45.4x	0.8x
Wed, 22 Jul 2026	US$316.4b	US$392.3b	US$4.6b	16.5x	68.9x	0.8x
Fri, 19 Jun 2026	US$306.9b	US$391.9b	US$8.9b	16.7x	34.6x	0.8x
Sun, 17 May 2026	US$310.0b	US$392.2b	US$7.7b	18x	40x	0.8x
Tue, 14 Apr 2026	US$327.7b	US$388.6b	US$7.4b	20.7x	44.2x	0.8x
Thu, 12 Mar 2026	US$334.6b	US$387.2b	US$7.5b	22.2x	44.4x	0.9x
Sat, 07 Feb 2026	US$354.9b	US$390.1b	US$8.9b	22.1x	39.8x	0.9x
Mon, 05 Jan 2026	US$324.7b	US$393.9b	US$11.4b	19.5x	28.6x	0.8x
Wed, 03 Dec 2025	US$362.5b	US$407.1b	US$14.2b	20.5x	25.6x	0.9x
Fri, 31 Oct 2025	US$429.6b	US$405.8b	US$14.9b	18.6x	28.8x	1.1x
Sun, 28 Sep 2025	US$377.2b	US$400.5b	US$13.5b	20.3x	28x	0.9x
Tue, 26 Aug 2025	US$391.4b	US$402.0b	US$13.2b	21.6x	29.7x	1x
Thu, 24 Jul 2025	US$402.4b	US$394.2b	US$21.2b	21.7x	19x	1x
Sat, 21 Jun 2025	US$389.2b	US$393.8b	US$20.4b	21.1x	19.1x	1x
Mon, 19 May 2025	US$382.2b	US$313.6b	US$19.5b	20.7x	19.6x	1.2x
Wed, 16 Apr 2025	US$400.7b	US$314.3b	US$21.1b	20.7x	18.9x	1.3x
Fri, 14 Mar 2025	US$394.0b	US$313.7b	US$20.7b	18.5x	19x	1.3x
Sun, 09 Feb 2025	US$383.7b	US$318.0b	US$20.4b	19.8x	18.8x	1.2x
Tue, 07 Jan 2025	US$393.5b	US$303.1b	US$17.9b	20.9x	22x	1.3x
Thu, 05 Dec 2024	US$414.7b	US$303.3b	US$17.9b	22.2x	23.2x	1.4x
Sat, 02 Nov 2024	US$415.0b	US$297.7b	US$17.1b	19x	24.2x	1.4x
Mon, 30 Sep 2024	US$437.1b	US$297.7b	US$17.3b	22.3x	25.2x	1.5x
Wed, 28 Aug 2024	US$430.7b	US$296.5b	US$17.5b	22x	24.6x	1.5x
Fri, 26 Jul 2024	US$400.6b	US$297.5b	US$17.9b	19.8x	22.3x	1.3x
Sun, 23 Jun 2024	US$399.1b	US$303.9b	US$19.2b	17.8x	20.8x	1.3x
Tue, 21 May 2024	US$428.8b	US$304.3b	US$18.4b	18.9x	23.3x	1.4x
Thu, 18 Apr 2024	US$405.1b	US$297.9b	US$17.9b	20x	22.7x	1.4x
Sat, 16 Mar 2024	US$409.9b	US$298.3b	US$17.8b	19.9x	23x	1.4x
Mon, 12 Feb 2024	US$408.5b	US$301.4b	US$17.8b	20.3x	22.9x	1.4x
Wed, 10 Jan 2024	US$431.6b	US$310.2b	US$18.7b	19.8x	23x	1.4x
Fri, 08 Dec 2023	US$417.6b	US$310.3b	US$18.8b	19.5x	22.2x	1.3x
Sun, 05 Nov 2023	US$402.5b	US$310.3b	US$19.8b	20.3x	20.3x	1.3x
Tue, 03 Oct 2023	US$415.5b	US$308.7b	US$19.3b	20.7x	21.5x	1.3x
Thu, 31 Aug 2023	US$439.5b	US$306.2b	US$19.5b	21.5x	22.5x	1.4x


US Market	-1.19%
Consumer Staples	-0.70%
Food	1.89%
Packaged Foods and Meats	2.65%
Agricultural Products	-0.82%

Company	Last Price	7D	1Y	Valuation
MDLZ Mondelez International	US$64.45	3.7% +US$2.9b	4.0%	PE23.4x
HSY Hershey	US$186.46	3.0% +US$1.1b	3.2%	PE25.2x
GIS General Mills	US$39.97	5.2% +US$1.1b	-19.0%	PS1.2x
KHC Kraft Heinz	US$25.58	3.4% +US$984.2m	-7.6%	PS1.2x
PPC Pilgrim's Pride	US$32.25	12.1% +US$828.6m	-28.4%	PE14.1x

Announcement • Aug 19

Consumers Seeks Final Approval for Injunctive Settlement with Agri Stats in Chicken Antitrust Class-Action Lawsuit

Hagens Berman had a class of hundreds of millions of consumers file a motion seeking final approval of a settlement with Agri Stats as part of a massive antitrust class-action lawsuit against chicken manufacturers controlling 90% of the U.S. wholesale broiler market, according to attorneys at Hagens Berman. The settlements with data-sharing company Agri Stats contain significant reforms to prohibit future anticompetitive behavior in the protein industry. The consumer class may be the largest ever certified in U.S. history, encompassing anyone who purchased raw fresh or frozen chicken products sold by any of the lawsuit’s defendants or co-conspirators. Monetary relief will put hundreds of millions of dollars back into the pockets of consumers, and this injunctive relief will shield them from future anticompetitive behavior with major reform to this industry. According to the filing, “meaningful and immediate conduct reform” under the settlement will halt all sales reports containing SKU-level pricing information, and other pricing information will only be exchanged at an aggregate level. Agri Stats has agreed to adopt antitrust compliance training, removing the focal point flags in reports that caused economic concern. The settlement corrects the core anticompetitive conduct challenged in this litigation. The order outlines a 15-point conduct reform process under the settlement, which includes the following changes to Agri Stats’ conduct and reporting, among other measures detailed in the 27-page order. Retention of an experienced outside attorney with responsibility for antitrust compliance and annual employee antitrust compliance training. A written antitrust compliance policy and training which will: Prohibit Agri Stats from disclosing to a competitor of a broiler subscriber any non-public information collected from a broiler subscriber other than the anonymized information disclosed in Agri Stats’ reports; Prohibit any Agri Stats broiler report from containing actual competitor- or plant-level price or production volume data; Implement data security measures regarding information shared when a broiler customer employee transitions between firms or to a customer firm. Implementation of provisions protecting confidentiality of competitor data in Agri Stats broiler customer contracts. Removal of all participant lists, averages, flags and other data points in broiler reports, and modification of reports to disclose certain plant-level data. Removal of any forward-looking industry forecasts to broiler processors, including regarding how future industry production decisions might impact future prices or profitability. Ending publication of any and all sales reports and price data for product categories that are not otherwise available to the public from EMI pursuant to the order. The lawsuit was filed September 14, 2016, in the U.S. District Court for the Northern District of Illinois, Eastern Division against a laundry list of defendants including Tyson and Perdue Farms, and unveiled an eight-year-long antitrust, price-fixing scheme that raised the price of 98% of the chicken sold in the U.S. by nearly 50%, according to Hagens Berman. Consumers accuse the major food conglomerates of killing hens, flocks and destroying eggs to limit production, stifling competition and leading to higher prices. The suit calls the industry’s means of destroying its livestock “unparalleled.” The lawsuit describes in detail how the chicken industry conspired together to raise prices; producers did not rely solely on ordinary mechanisms to temporarily reduce production, which would have permitted production to be quickly ramped up if prices rose. Instead, producers cut their ability by destroying breeder hens, according to the lawsuit. On March 13, 2026, Hagens Berman announced settlements with defendant Agri Stats, Inc. in the MDL, In re Broilers Antitrust Litigation, as well as tandem cases in the port and turkey markets, In re Pork Antitrust Litigation and In re Turkey Antitrust Litigation. The Honorable Thomas M. Durkin granted preliminary approval to the settlement on April 15, 2026. Once final approval is granted, injunctive relief will be implemented. Monetary settlements in the broilers class action have been reached with 13 defendants, totaling $203.35 million, and litigation is ongoing against remaining defendants.

Announcement • Aug 13

The Hershey Company Unveils Its 2026 Halloween Portfolio Featuring More Than 20 Seasonal Product Innovations

The Hershey Company is unveiling its largest and most diverse Halloween portfolio to date, offering something for every Halloween tradition and celebration. With more than 20 innovations across chocolate, sweets and salty snacks, Hershey is shaping the season at every moment. Backed by 3 of the top 5 chocolate brands (#1 Reese's; #3 KIT KAT®; #5 Reese's Shapes), Hershey combines trusted favorites with consumer-led innovation to create a portfolio that keeps Halloween engaging from early Summerween "treat for me" moments to the last Halloween block party. Chocolate remains the anchor of Halloween, but consumers are also reaching for more fruity, chewy and sour variety throughout the season. In the Unwrapping Halloween report, 72% of parents said they are likely to buy gummy candy early in the season, while 68% are likely to buy fruit chews and 61% are likely to buy sour strips or belts before September. That demand continues into October, when 74% of parents are likely to buy gummy candy and fruit chews, and 64% are likely to buy sour strips or belts. New innovations and assortments bring that variety to candy bowls all season long, including: Sweets Assortment Stand-Up Bag: A variety-packed assortment featuring the introduction of Sour Strips to the Hershey seasonal portfolio, as well as Jolly Rancher Gummies Trickies Minis, Jolly Rancher Gummies Minis and Twizzlers Twists in Strawberry flavor. The mix is perfect for every sweet tooth, delivering a range of fruity, chewy, sweet and sour favorites. Jolly Rancher Gummies Trickies Minis Snack Size: Bursting with bold fruit flavors, these chewy bites keep trick-or-treaters guessing with colors that don't match the flavor, creating a fun, interactive candy experience. Available in seasonal Halloween shapes and flavors including Green Apple, Blue Raspberry, Cherry, Grape and Watermelon, Jolly Rancher Gummies Trickies now come in convenient sachets, making them a standout addition to trick-or-treat bowls and Halloween celebrations. Jolly Rancher Gummies Minis Snack Size: Fruit-shaped gummies packed with bold, juicy fruit-flavors. The poppable format makes them ideal for on-the-go snacking while bringing exciting variety to candy mixes and Halloween sharing occasions. Jolly Rancher Gummies Assortment: A mix of snack-size sour and sweet gummies, including Jolly Rancher Sour Gummies Minis, Jolly Rancher Gummies Trickies Minis, Jolly Rancher Gummies Minis and Jolly Rancher Sour Gummies Minis Awesome Reds. The assortment offers standout flavors and textures to both sour and sweet candy lovers. Seasonal shapes remain one of the strongest signals that Halloween has arrived, and Hershey's portfolio brings that visual excitement to the brands consumers already love. Chocolate continues to lead purchase intent across the season, with 77% of parents likely to buy chocolate before September and 82% likely to buy chocolate in October according to the Unwrapping Halloween report. That demand comes to life through fan-favorite formats, new launches and returning classics: KIT KAT® Count & Witch: The return of the classic wafer and chocolate combination, this year offered in new instant consumable (IC) pack types, reimagined in two breakaway spooky shapes. The treat is also available in regular and king size bars, as well as a 6-pack built for sharing. Hershey's Cookies 'N' Creme Fangs Snack Size: A fang-shaped version of the classic iconic Hershey's Cookies 'N' Creme flavor, making its Halloween comeback for the first time since 2024. Hershey Halloween All-Stars: An assortment of 18 full-size, limited-edition Halloween shapes and flavors, including Reese's Pumpkins, KIT KAT® Count & Witch shapes, KIT KAT® Ghost Toast and Jolly Rancher Gummies Trickies. Returning Favorite: Reese's Pumpkins: An iconic Halloween treat, Reese's classic chocolate and peanut butter combination comes in a pumpkin-shaped format. And new this year and available exclusively on Amazon, the Reese's Pumpkin Bowl features 110 snack-size treats in a festive, reusable pumpkin container perfect for Halloween celebrations. For the first time, Hershey is bringing a broader portfolio of salty offerings to Halloween, giving people more ways to celebrate. This year's salty lineup includes: Pirate's Booty Trick-or-Treat: Pirate's Booty's signature aged white cheddar puffs deliver a light, airy crunch in individually portioned snack packs. Pirate's Booty Boos & Bites: Halloween-themed Pirate's Booty puffs feature ghost and monster shapes with the brand's signature aged white cheddar flavor. Reese's Sweet & Salty: Snack-size packs of Reese's Dipped Animal Crackers, Reese's Dipped Pretzels and Reese's Filled Pretzels bring together Reese's chocolate and peanut butter with salty, crunchy formats. SkinnyPop Halloween Packs: Individually packaged SkinnyPop popcorn in Halloween-themed packaging, designed for seasonal snacking and sharing. Hershey is also tapping into the early appetite for fall flavors, with LesserEvil joining the Hersheyween portfolio for the first time. The result is a lineup of LesserEvil products that brings seasonal flavor and festive fun: LesserEvil Pumpkin Spice Popcorn: A seasonal popcorn offering that brings warm cinnamon-and-spice fall flavor to everyday snacking. LesserEvil Spooky Popcorn: LesserEvil popcorn brings a lighter, better-for-you salty snack into Halloween-themed packs. LesserEvil Spooky Spaceballs: Light and airy cheese corn puffs in Halloween-themed packaging made for parties, trick-or-treating, and seasonal snacking.

U.S. Packaged Foods and Meats Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Chairman & CEO exercised options and sold US$2.9m worth of stock

Consensus EPS estimates fall by 10%

Third quarter dividend of US$1.00 announced

The JBS N.V. Bid For Pilgrim's Pride - Likely To Be Rejected And Raised

John B. Sanfilippo & Son: Don't Go Nuts Over One Tough Quarter

General Mills Launches Limited-Edition Reese’S Puffs Pb+J Cereal

Mama's Creations, Inc. to Report Q2, 2027 Results on Sep 03, 2026

Kraft Heinz: Early Signs Of Turnaround Gaining Traction And Reasonable Valuation

SJM: Coffee Deflation Tailwind Will Eventually Prove Earnings Unsustainable

PPC: Proposed JBS Take-Private Will Increase Risks For Minority Holders

Consumers Seeks Final Approval for Injunctive Settlement with Agri Stats in Chicken Antitrust Class-Action Lawsuit

HRL: Earnings Visibility And Portfolio Simplification Will Drive Future Repricing Prospects

The Hershey Company Unveils Its 2026 Halloween Portfolio Featuring More Than 20 Seasonal Product Innovations

Conagra Brands, Inc., Annual General Meeting, Sep 23, 2026

SFD: Antitrust Case Will Be Outweighed By Branded Pork Expansion

Second quarter dividend of US$2.25 announced