How Should You Play General Mills Stock at a P/E Multiple of 14.2X?

General Mills, Inc. (GIS) 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. GIS’ forward 12-month P/E ratio is 14.21, lower than the industry average of 15.82 and the sector average of 17.61.This relative undervaluation, coupled with a strong Value Score of B, positions GIS as a compelling choice for value-focused investors within the consumer staple space. Image S ...