P/E ratio for Cal-Maine Foods (CALM)
P/E ratio as of June 2024 (TTM): 4.52
According to Cal-Maine Foods's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.52268. At the end of 2022 the company had a P/E ratio of 5.59.
P/E ratio history for Cal-Maine Foods from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.59 | -102.42% |
| 2021 | -231 | -949.86% |
| 2020 | 27.2 | -147.09% |
| 2019 | -57.8 | -670.87% |
| 2018 | 10.1 | -129.37% |
| 2017 | -34.5 | -115.6% |
| 2016 | 221 | 3360.8% |
| 2015 | 6.38 | -52.98% |
| 2014 | 13.6 | -42.52% |
| 2013 | 23.6 | 113.76% |
| 2012 | 11.0 | -15.1% |
| 2011 | 13.0 | 30.64% |
| 2010 | 9.96 | -34.23% |
| 2009 | 15.1 | 193.96% |
| 2008 | 5.15 | -22.7% |
| 2007 | 6.67 | -71.25% |
| 2006 | 23.2 | -287.84% |
| 2005 | -12.3 | -245.51% |
| 2004 | 8.48 | -34.36% |
| 2003 | 12.9 | -168.62% |
| 2002 | -18.8 | -144.91% |
| 2001 | 41.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walmart WMT | 12.8 | 182.53% | 🇺🇸 USA |
 Costco COST | 67.1 | 1,383.33% | 🇺🇸 USA |
 Sysco SYY | 19.8 | 338.76% | 🇺🇸 USA |
 Sanderson Farms SAFM | N/A | N/A | 🇺🇸 USA |
 Pilgrim's Pride
PPC | 268 | 5,830.80% | 🇺🇸 USA |
 Bachoco
BACHOCOB.MX | 9.98 | 120.59% | 🇲🇽 Mexico |
 Fresh Del Monte Produce
FDP | 9.41 | 108.03% | Cayman Islands |
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.