Question 1

What is Conagra Brands's P/B ratio?

Accepted Answer

Conagra Brands (CAG) P/B ratio is 0.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Conagra Brands?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Conagra Brands specifically, the relevant sector benchmark is the current sector median of 3.4×.

Question 5

Is Conagra Brands's P/B ratio high or low?

Accepted Answer

Conagra Brands's P/B ratio of 0.8× is below its own 5-year average of 1.6× and below the sector median of 3.4×. That places the current reading at the 0th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Conagra Brands's historical P/B ratio range?

Accepted Answer

In the available daily series, Conagra Brands (CAG) P/B ratio has ranged from a low of 0.7× in 2026 to a high of 4.3× in 2016. The 5-year average is 1.6× and the 5-year median is 1.7×.

Question 7

What was Conagra Brands's P/B ratio in 2025?

Accepted Answer

Conagra Brands (CAG) P/B ratio at the end of 2025 was 1.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Conagra Brands's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$10.71B	$8.93B	1.2×	-0.5×	May 25, 2025
2024	$14.50B	$8.44B	1.7×	-0.2×	May 26, 2024
2023	$16.66B	$8.74B	1.9×	+0.1×	May 31, 2023
2022	$15.80B	$8.79B	1.8×	-0.3×	May 31, 2022
2021	$18.35B	$8.55B	2.1×	-0.0×	May 31, 2021
2020	$16.93B	$7.88B	2.1×	+0.4×	May 31, 2020
2019	$13.02B	$7.38B	1.8×	-2.2×	May 31, 2019
2018	$14.56B	$3.68B	4.0×	-0.1×	May 31, 2018
2017	$16.20B	$3.99B	4.1×	-0.1×	May 31, 2017
2016	$15.48B	$3.71B	4.2×	+1.3×	May 31, 2016
2015	$12.87B	$4.53B	2.8×	+0.8×	May 31, 2015
2014	$10.55B	$5.26B	2.0×	-0.1×	May 31, 2014
2013	$10.91B	$5.26B	2.1×	+0.3×	May 31, 2013
2012	$7.99B	$4.44B	1.8×	+0.1×	May 31, 2012
2011	$8.11B	$4.67B	1.7×	+0.1×	May 31, 2011
2010	$8.25B	$4.92B	1.7×	+0.3×	May 31, 2010
2009	$6.54B	$4.72B	1.4×	-0.3×	May 31, 2009
2008	$8.79B	$5.34B	1.6×	-0.5×	May 31, 2008
2007	$9.71B	$4.58B	2.1×	+0.2×	May 31, 2007
2006	$9.08B	$4.65B	2.0×	-0.2×	May 31, 2006
2005	$10.55B	$4.86B	2.2×	-0.2×	May 31, 2005
2004	$11.14B	$4.79B	2.3×	+0.2×	May 31, 2004
2003	$9.95B	$4.62B	2.2×	-0.1×	May 31, 2003
2002	$9.65B	$4.31B	2.2×	—	May 31, 2002


Albertsons Companies (ACI)	5.0×
Coca-Cola Europacific Partners (CCEP)	4.4×
Marzetti (MZTI)	3.6×
Lamb Weston (LW)	3.6×
Target (TGT)	3.6×
Constellation Brands (STZ)	3.4×
Tootsie Roll Industries (TR)	3.4×
Kenvue (KVUE)	3.1×
Brown-Forman (BF-B)	2.9×
Mondelez International (MDLZ)	2.9×
Dollar General (DG)	2.9×
Performance Food Group (PFGC)	2.7×
McCormick & Company (MKC)	2.7×
General Mills (GIS)	2.6×
J. M. Smucker (SJM)	2.1×
Campbell Soup (CPB)	2.0×
Andersons (ANDE)	1.9×
Archer-Daniels-Midland (ADM)	1.5×
Bunge Global S.A. (BG)	1.5×
Hormel Foods (HRL)	1.5×
Keurig Dr Pepper (KDP)	1.4×
Tyson Foods (TSN)	1.2×
Universal Corporation (UVV)	0.9×
Molson Coors Beverage (TAP)	0.8×
Kraft Heinz (KHC)	0.6×

P/B Ratio for Conagra Brands (CAG)

P/B Ratio daily chart for Conagra Brands (CAG)

Historical P/B Ratio for Conagra Brands (CAG) from 2002 to 2025

About P/B Ratio at Conagra Brands (CAG)

Conagra Brands P/B Ratio by Year

Conagra Brands P/B Ratio 2025: 1.2×

Conagra Brands P/B Ratio 2024: 1.7×

Conagra Brands P/B Ratio 2023: 1.9×

Conagra Brands P/B Ratio 2022: 1.8×

Conagra Brands P/B Ratio 2021: 2.1×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Conagra Brands (CAG) Key Financials

P/B Ratio daily chart for Conagra Brands (CAG)

Historical P/B Ratio for Conagra Brands (CAG) from 2002 to 2025

About P/B Ratio at Conagra Brands (CAG)

Conagra Brands P/B Ratio by Year

Conagra Brands P/B Ratio 2025: 1.2×

Conagra Brands P/B Ratio 2024: 1.7×

Conagra Brands P/B Ratio 2023: 1.9×

Conagra Brands P/B Ratio 2022: 1.8×

Conagra Brands P/B Ratio 2021: 2.1×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Conagra Brands's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Conagra Brands?

+Is Conagra Brands's P/B ratio high or low?

+What is Conagra Brands's historical P/B ratio range?

+What was Conagra Brands's P/B ratio in 2025?

+Why does Conagra Brands's P/B ratio change over time?

Conagra Brands (CAG) Key Financials