The current P/E ratio for Pilgrims Pride stock as of Jul 25, 2024 is 19.74. This is calculated based on the TTM EPS of $2.08 and the stock price of $41.06 per share. The PE ratio has decreased by 62% from its last 4 quarters average of 52.0.
The average historical PE ratio of Pilgrims Pride for the last ten years is 24.47. The current price-to-earnings ratio of 19.74 is 19% less 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 under its 3, 5 and 10-year averages.
PPC's PE ratio is less than its peer stock HRL, but it is above CALM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CALM Cal-Maine Foods Inc | 12.43 | $3.47B |
| PPC Pilgrims Pride Corp | 20.01 | $9.86B |
| HRL Hormel Foods Corp | 22.7 | $17.55B |
| TSN Tyson Foods Inc | N/A | $21.72B |
| HAIN Hain Celestial Group Inc | N/A | $667.54M |
The price to earnings ratio for PPC stock is 19.74 as of Jul 25, 2024.
The 3-year average PE ratio for PPC stock is 48.24.
The 5-year average PE ratio for PPC stock is 38.99.
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 19% lower 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 (Jul 25, 2024), Pilgrims Pride's share price is $41.06. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.08. Therefore, Pilgrims Pride's price to earnings ratio for today is 19.74. PE RATIO(19.74) = STOCK PRICE($41.06) / TTM EPS($2.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.