CAMPBELL'S Co (CPB)

Food and Kindred Products

Latest Price

$21.25

TTM P/E

10.34

Normalized P/E

9.24

Div Yield

7.43%

Book Value

13.52

P/B Ratio

1.57

Valuation metrics

EPS: $2.01

Book value / share: $13.01

Formula: √(22.5 × EPS × BVPS)

Graham Number

$24.25

+15% upside

Norm. op. income: $1.1B (median of 7yr)

Tax rate: 24%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$6.00

71% downside

Base FCF: $760M (median of recent 5yr)

Growth: -4%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$0.02

100% downside

EPS: $2.01

Target P/E: 9×

Formula: EPS × P/E

P/E Fair Value

$18.09

14% downside

65.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	29.23M	$650.0M	9.81%	+12.11M	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	12.42M	$276.0M	4.17%	+2.41M	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	9.26M	$206.0M	3.11%	-3.90M	2026-06-30
DIMENSIONAL FUND ADVISORS LP	8.55M	$190.0M	2.87%	-1.68M	2026-06-30
TWO SIGMA INVESTMENTS, LP	8.09M	$180.0M	2.72%	--	2026-06-30
STATE STREET CORP	7.78M	$173.0M	2.61%	-4.73M	2026-06-30
MORGAN STANLEY	7.08M	$157.0M	2.37%	+659.7K	2026-06-30
UBS Group AG	6.47M	$144.0M	2.17%	+772.6K	2026-06-30
BRANDES INVESTMENT PARTNERS, LP	6.33M	$141.0M	2.13%	+6.17M	2026-06-30
GOLDMAN SACHS GROUP INC	4.94M	$110.0M	1.66%	+2.94M	2026-06-30