P/E ratio for Bachoco (BACHOCOB.MX)
P/E ratio as of April 2024 (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 99.6.
P/E ratio history for Bachoco from 2001 to 2011
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 99.6 | -2.67% |
| 2021 | 102 | -38.42% |
| 2020 | 166 | -13.09% |
| 2019 | 191 | 43.52% |
| 2018 | 133 | 0.61% |
| 2017 | 132 | -5.72% |
| 2016 | 140 | 16.01% |
| 2015 | 121 | 17.26% |
| 2014 | 103 | -35.87% |
| 2013 | 161 | 61.27% |
| 2012 | 99.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tyson Foods
TSN | 59.5 | 496.04% | 🇺🇸 USA |
 Sanderson Farms SAFM | N/A | N/A | 🇺🇸 USA |
 Pilgrim's Pride
PPC | 273 | 2,641.03% | 🇺🇸 USA |
 Seaboard SEB | 9.44 | -5.35% | 🇺🇸 USA |
 Cal-Maine Foods CALM | 4.55 | -54.37% | 🇺🇸 USA |
 Fresh Del Monte Produce
FDP | 10.8 | 8.17% | 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.