The current P/E ratio for Pilgrims Pride stock as of Apr 29, 2024 is 26.57. This is calculated based on the TTM EPS of $1.36 and the stock price of $36.14 per share. The PE ratio has decreased by 48% from its last 4 quarters average of 50.6.
The average historical PE ratio of Pilgrims Pride for the last ten years is 24.34. The current price-to-earnings ratio of 26.57 is 9% more than the historical average. Analyzing the last ten years, PPC's PE ratio reached its highest point in the Dec 2021 quarter at 211.92, when the price was $27.55 and the EPS was $0.13. The lowest point was recorded in the Sep 2022 quarter, when it reached 6.19 with a price of $24.06 and an EPS of $3.89.
Maximum annual increase: 327.09% in 2021
Maximum annual decrease: -96.39% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 20.34 | 165.88% |
| 2022 | 7.65 | -96.39% |
| 2021 | 211.92 | 327.09% |
| 2020 | 49.62 | 175.36% |
| 2019 | 18.02 | 15.59% |
| 2018 | 15.59 | 40.07% |
| 2017 | 11.13 | 1.83% |
| 2016 | 10.93 | 21.44% |
| 2015 | 9 | -27.36% |
| 2014 | 12.39 | 59.46% |
Currently, PPC's PE ratio is above its 10-year average, but it is under its 3 and 5-year averages.
PPC's PE ratio is above its peer stocks HRL and CALM.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CALM Cal-Maine Foods Inc | 10.21 | $2.83B |
| HRL Hormel Foods Corp | 24.26 | $19.4B |
| PPC Pilgrims Pride Corp | 26.57 | $8.56B |
| TSN Tyson Foods Inc | N/A | $21.72B |
| HAIN Hain Celestial Group Inc | N/A | $563.25M |
The price to earnings ratio for PPC stock is 26.57 as of Apr 29, 2024.
The 3-year average PE ratio for PPC stock is 51.77.
The 5-year average PE ratio for PPC stock is 39.36.
The highest quarterly PE ratio in the last ten years has been 211.92 and it was in the Dec 2021 quarter.
The current PE ratio of PPC is 9% higher than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Apr 29, 2024), Pilgrims Pride's share price is $36.14. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.36. Therefore, Pilgrims Pride's price to earnings ratio for today is 26.57. PE RATIO(26.57) = STOCK PRICE($36.14) / TTM EPS($1.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.