Is General Mills, Inc. overvalued or undervalued?

As of 28 November 2025, the valuation grade for General Mills, Inc. moved from very expensive to very attractive. The company is currently considered undervalued, with a P/E ratio of 15, an EV to EBITDA of 12.97, and a Price to Book Value of 4.40. 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 significantly higher P/E of 23.83, indicating that General Mills is more attractively priced relative to its peers.
Despite the favorable valuation metrics, General Mills has underperformed against the S&P 500, with a year-to-date return of -25.75% compared to the S&P 500's 16.45%. This stark contrast in performance emphasizes the potential for recovery and value realization in General Mills' stock.