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Comparing current PE to mean PE can allow you to see if Conagra Brands Inc may be undervalued based on PE ratio.

* Total of 993 data points since 09/05/2004.

** From 09/05/2004 we changed 24 data points that were under -50 PE to -50 and 0 data points that were over 100 to 100. This helps smooth edge cases where companies had extreme PE ratios during certain periods. Removing these data points completely caused new issues with certain companies.