Is Campbell Soup Stock a Buy or Hold at a P/E Multiple of 14.7X?
CPBCampbell Soup(CPB) ZACKS·2024-10-04 23:06

Campbell Soup Company (CPB) is trading at an attractive valuation, considering its price-to-earnings (P/E) multiple, which is lower than both the Zacks Food – Miscellaneous industry and the broader Consumer Staples sector. CPB's forward 12-month P/E ratio is 14.70, lower than the industry average of 16.41 and the sector average of 18.12. This discrepancy in valuation suggests that the stock may be undervalued relative to its peers, presenting a compelling opportunity for investors seeking value in the consu ...