Colgate-Palmolive Co vs Procter & Gamble Co

Colgate-Palmolive Co (CL) is overvalued and Procter & Gamble Co (PG) is overvalued.

Both trade above our estimate of their intrinsic value. PG is the closer of the two: -42%, against -64% for CL.

Values as of the 22 Sept 2026 close.

Colgate-Palmolive Co (CL)

Discounting its cash flows at 7.4% (average of 3 methods) values the shares at $53.05; the price of $87.05 is 64% above that value, and 81% of that value comes from beyond year five.

Leak Score 55/100 on 10 of 12 signals

Procter & Gamble Co (PG)

Discounting its cash flows at 7.6% (average of 3 methods) values the shares at $104.12; the price of $148.22 is 42% above that value, and 81% of that value comes from beyond year five.

Leak Score 60/100 on 10 of 12 signals

MetricCLPG
VerdictOvervaluedOvervalued
Price$87.05$148.22
Intrinsic value$53.05$104.12
Margin of safety-64%-42%
Leak Score55/100 (10/12)60/100 (10/12)
Market cap$69.4B$344.3B
Revenue growth, 5 years4.3%2.7%
Operating margin21.8%23.9%
Net margin9.7%18.1%
Return on equity434.3%30.3%
Debt to equity33.290.65
P/E34.4x22.4x
Forward P/E21.2x20.1x
P/B294.0x6.5x
Dividend yield2.4%3.0%

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