Is General Mills, Inc. overvalued or undervalued?

As of 30 July 2025, the valuation grade for General Mills, Inc. has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a P/E ratio of 15, a Price to Book Value of 4.40, and an EV to EBITDA ratio of 12.97, which are all high relative to its peers. In comparison, The Kraft Heinz Co. has a P/E of 4.85 and an EV to EBITDA of 8.24, while Tyson Foods, Inc. shows a P/E of 23.83 and an EV to EBITDA of 9.62, highlighting that General Mills is trading at a premium.
Additionally, General Mills has underperformed against the S&P 500, with a year-to-date return of -21.83% compared to the index's 12.22%, and a 1-year return of -33.54% versus 17.14% for the S&P 500. This underperformance reinforces the notion that the stock may be overvalued in the current market environment.