P/E ratio for Pilgrim's Pride (PPC)
P/E ratio as of September 2023 (TTM): 32.3
According to Pilgrim's Pride 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.2571. At the end of 2021 the company had a P/E ratio of 217.
P/E ratio history for Pilgrim's Pride from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 217 | |
| 2019 | 17.9 | 15.28% |
| 2018 | 15.5 | 39.82% |
| 2017 | 11.1 | 1.06% |
| 2016 | 11.0 | 24.23% |
| 2015 | 8.84 | |
| 2013 | 7.67 | -24.83% |
| 2012 | 10.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Hormel Foods HRL | 23.6 | -26.77% | 🇺🇸 USA |
 Tyson Foods
TSN | 50.4 | 56.35% | 🇺🇸 USA |
 Hain Celestial HAIN | -7.65 | -123.73% | 🇺🇸 USA |
 Sanderson Farms SAFM | N/A | N/A | 🇺🇸 USA |
 Cal-Maine Foods CALM | 3.15 | -90.22% | 🇺🇸 USA |
 Bachoco
IBA | 8.62 | -73.27% | 🇲🇽 Mexico |
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.