The Hershey Company (HSY) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

Hershey is a leading US confectionery manufacturer (around a $55 billion market, according to Euromonitor), controlling 35% of the domestic chocolate aisle. Beyond its namesake label, the firm's po...

The Hershey Company (HSY) currently trades at a P/E ratio of 17.66 (historical range: 8.59–20.61, median: 12.76), placing it at the 86th percentile — expensive relative to its history, P/S ratio of 1.61 (range: 1.39–2.17, 26th percentile — below its historical average), EV/EBITDA of 36.36 (range: 6.56–59.67, 63th percentile).

Over the historical period (2024-08-30 to 2026-08-28), The Hershey Company's P/E ratio has expanded by 50% over the observed period (from an average of 10.7 to 16.2).

The Hershey Company appears slightly overvalued relative to its historical range, with most valuation metrics above their median levels.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio17.668.5912.7620.6186thexpensive relative to its history
P/S Ratio1.611.391.672.1726thbelow its historical average
EV/EBITDA36.366.5623.5459.6763thabove its historical average
FCF Yield0.020.010.030.1337thabove its historical average
Current Price: $176.59
Market Cap: $35.5B
Sector: Consumer Defensive