Bachoco
BACHOCOB.MX
#3546
Rank
$3.06 B
Marketcap
$5.11
Share price
0.00%
Change (1 day)
6.68%
Change (1 year)

P/E ratio for Bachoco (BACHOCOB.MX)

P/E ratio on June 23, 2023 (TTM): 9.98

According to Bachoco 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.97663. At the end of 2022 the company had a P/E ratio of 8.24.

P/E ratio history for Bachoco from 2001 to 2011

PE ratio at the end of each year

Year P/E ratio Change
20228.24-4.25%
20218.60-29.32%
202012.2-23.23%
201915.940.3%
201811.3-2.48%
201711.6-9.77%
201612.818.82%
201510.814.29%
20149.46-31.69%
201313.865.4%
20128.37

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.96-30.26%๐Ÿ‡บ๐Ÿ‡ธ USA
394 3,849.23%๐Ÿ‡บ๐Ÿ‡ธ USA
65.4 555.72%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.11-18.66%๐Ÿ‡บ๐Ÿ‡ธ USA
14.4 43.89% Cayman Islands

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.