P/E ratio for Seneca Foods (SENEA)
P/E ratio as of April 2024 (TTM): 15.7
According to Seneca Foods 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.6883. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for Seneca Foods from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | 48.97% |
| 2021 | 7.18 | 160.68% |
| 2020 | 2.75 | -83.26% |
| 2019 | 16.4 | -98.83% |
| 2018 | > 1000 | 1827.22% |
| 2017 | 73.2 | 422.83% |
| 2016 | 14.0 | 109.23% |
| 2015 | 6.69 | -85.89% |
| 2014 | 47.4 | 154.28% |
| 2013 | 18.6 | 87.72% |
| 2012 | 9.93 | -63.45% |
| 2011 | 27.2 | 112.56% |
| 2010 | 12.8 | 96.6% |
| 2009 | 6.50 | -87.75% |
| 2008 | 53.1 | 273.21% |
| 2007 | 14.2 | 56.99% |
| 2006 | 9.06 | -49.02% |
| 2005 | 17.8 | -75.67% |
| 2004 | 73.0 | 195.52% |
| 2003 | 24.7 | 93.4% |
| 2002 | 12.8 | -111.54% |
| 2001 | -111 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Mills GIS | 17.1 | 9.05% | 🇺🇸 USA |
 J.M. Smucker Company SJM | -757 | -4,927.37% | 🇺🇸 USA |
 Lancaster Colony Corporation
LANC | 35.2 | 124.51% | 🇺🇸 USA |
 TreeHouse Foods
THS | -26.5 | -269.22% | 🇺🇸 USA |
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.