Conagra Brands, Inc. (CAG) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
Conagra Brands Inc is a packaged food company that operates predominantly in the United States (91% of fiscal 2025 revenue). The majority of its revenue comes from frozen food, including brands lik...
Conagra Brands, Inc. (CAG) currently trades at a P/E ratio of 34.42 (historical range: 12.25–75.23, median: 28.27), placing it at the 75th percentile — above its historical average, P/S ratio of 0.62 (range: 0.54–2.38, 6th percentile — cheap relative to its history), EV/EBITDA of 11.21 (range: 9.17–397.93, 25th percentile).
Over the historical period (2021-09-13 to 2026-10-16), Conagra Brands, Inc.'s P/E ratio has expanded by 146% over the observed period (from an average of 20.1 to 49.5).
Conagra Brands, Inc. trades below its historical valuation range, with most metrics below their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 34.42 | 28.27 | 75th | above its historical average |
| P/S Ratio | 0.62 | 1.48 | 6th | cheap relative to its history |
| EV/EBITDA | 11.21 | 18.58 | 25th | below its historical average |
| FCF Yield | 12.62% | 5.17% | 91th | cheap relative to its history |
Conagra Brands, Inc. (CAG) Valuation & P/E History
Conagra Brands, Inc. (CAG) is a US-listed stock operating in the Consumer Defensive sector, specifically the Food And Kindred Products industry currently trading at $14.43 with a market capitalization of $6.9 billion. This page provides historical valuation analysis for CAG based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 34.42 is above the historical median of 28.27, placing CAG at the 75th percentile of its valuation range. The P/S ratio of 0.62 compares to a median of 1.48.
CAG Valuation Metrics & Historical Range
The valuation table above shows Conagra Brands, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether CAG is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests CAG is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Conagra Brands, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is CAG Overvalued or Undervalued?
Conagra Brands, Inc. trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 35 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive CAG is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full CAG analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.CAG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.