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Hershey Co
NYSE:HSY

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Hershey Co
NYSE:HSY
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Price: 182.34 USD -1.83% Market Closed
Market Cap: $37B

P/E

41.9
Current
94%
More Expensive
vs 3-y average of 21.5

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
41.9
=
Market Cap
$48.1B
/
Net Income
$883.3m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
41.9
=
Market Cap
$48.1B
/
Net Income
$883.3m

Valuation Scenarios

Hershey Co is trading above its 3-year average

If P/E returns to its 3-Year Average (21.5), the stock would be worth $93.82 (49% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-49%
Maximum Upside
No Upside Scenarios
Average Downside
46%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 41.9 $182.34
0%
3-Year Average 21.5 $93.82
-49%
5-Year Average 23.8 $103.52
-43%
Industry Average 22.7 $98.99
-46%
Country Average 22.9 $99.57
-45%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
$48.1B
/
Jan 2026
$883.3m
=
41.9
Current
$48.1B
/
Dec 2026
$1.7B
=
27.9
Forward
$48.1B
/
Dec 2027
$2B
=
23.8
Forward
$48.1B
/
Dec 2028
$2.2B
=
21.9
Forward
$48.1B
/
Dec 2029
$2.3B
=
21
Forward
$48.1B
/
Dec 2030
$2.4B
=
19.8
Forward
$48.1B
/
Dec 2031
$2.5B
=
19.6
Forward
$48.1B
/
Dec 2032
$2.6B
=
18.4
Forward
$48.1B
/
Dec 2033
$2.8B
=
17.2
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Higher than 80% of companies in the United States of America
Percentile
80th
Based on 8 489 companies
80th percentile
41.9
Low
0 — 15.3
Typical Range
15.3 — 33.2
High
33.2 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 15.3
Median 22.9
70th Percentile 33.2
Max 1 826 183.3

Hershey Co
Glance View

In the heart of Pennsylvania, amid the rolling hills, Hershey Co. has crafted a legacy as enduring as its rich, cocoa-laden confections. Founded by Milton S. Hershey in 1894, the company began its journey with the ambitious vision of making chocolate accessible to everyone, not just the elite. Today, Hershey Co. stands as a titan in the global confectionery market, renowned for its iconic chocolate bars, Reese's peanut butter cups, and a diverse array of sweet treats. Operating within three primary segments—North America's Confectionery, International and Other, and North America's Salty Snacks—the company skillfully navigates the complexities of a billion-dollar industry. It combines innovation with its storied brand image to deliver products that resonate with consumers globally. Central to its success, Hershey's business model hinges on producing and marketing its goods across a well-oiled distribution network that taps into retail giants, wholesale distributors, and direct-to-consumer channels. This extensive reach ensures its products find their way into countless homes and celebrations. Yet, Hershey does not rest on the laurels of its renowned brand; it continually evolves by expanding its portfolio, including acquisitions like Amplify Snack Brands, to diversify into the snacking industry. This strategic blend of tradition and innovation enables Hershey to not only sustain its celebrated status but also to sweeten its financial performance year after year.

HSY Intrinsic Value
153 USD
Overvaluation 16%
Intrinsic Value
Price $182.34
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