Reason: self-delisting
Last recorded trade on: June 23, 2023
Source: https://www.businesswire.com/news/home/20230628991177/en/Bachoco-Informs-About-Delisting-Process-in-Mexico
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 |
|---|---|---|
| 2022 | 8.24 | -4.25% |
| 2021 | 8.60 | -29.32% |
| 2020 | 12.2 | -23.23% |
| 2019 | 15.9 | 40.3% |
| 2018 | 11.3 | -2.48% |
| 2017 | 11.6 | -9.77% |
| 2016 | 12.8 | 18.82% |
| 2015 | 10.8 | 14.29% |
| 2014 | 9.46 | -31.69% |
| 2013 | 13.8 | 65.4% |
| 2012 | 8.37 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 7.22 | -27.66% | 🇺🇸 USA |
 | 396 | 3,865.42% | 🇺🇸 USA |
 | 60.3 | 504.29% | 🇺🇸 USA |
 | N/A | N/A | 🇺🇸 USA |
 | 7.66 | -23.22% | 🇺🇸 USA |
 | 13.0 | 29.96% | 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.