P/E ratio for Pilgrim's Pride (PPC)
P/E ratio as of April 2024 (TTM): 273
According to Pilgrim's Pride 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 273.462. At the end of 2022 the company had a P/E ratio of 7.70.
P/E ratio history for Pilgrim's Pride from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.70 | -96.45% |
| 2021 | 217 | 342.47% |
| 2020 | 49.0 | 174.19% |
| 2019 | 17.9 | 15.28% |
| 2018 | 15.5 | 39.82% |
| 2017 | 11.1 | 1.06% |
| 2016 | 11.0 | 24.23% |
| 2015 | 8.84 | -25.9% |
| 2014 | 11.9 | 55.56% |
| 2013 | 7.67 | -24.83% |
| 2012 | 10.2 | -494.79% |
| 2011 | -2.58 | -114.21% |
| 2010 | 18.2 | 204.35% |
| 2009 | 5.97 | -16227.52% |
| 2008 | -0.0370 | -100.04% |
| 2007 | 82.7 | -389.49% |
| 2006 | -28.6 | -413.65% |
| 2005 | 9.11 | -23.69% |
| 2004 | 11.9 | 8.92% |
| 2003 | 11.0 | -86.63% |
| 2002 | 82.0 | 511.22% |
| 2001 | 13.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Hormel Foods HRL | 21.4 | -92.19% | 🇺🇸 USA |
 Tyson Foods
TSN | 59.5 | -78.25% | 🇺🇸 USA |
 Hain Celestial HAIN | -4.53 | -101.66% | 🇺🇸 USA |
 Sanderson Farms SAFM | N/A | N/A | 🇺🇸 USA |
 Cal-Maine Foods CALM | 4.55 | -98.34% | 🇺🇸 USA |
 Bachoco
BACHOCOB.MX | 9.98 | -96.35% | 🇲🇽 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.