Is Pilgrim's Pride Corp. overvalued or undervalued?

As of 20 June 2025, the valuation grade for Pilgrim's Pride Corp. has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company is currently undervalued, supported by a P/E ratio of 8, a PEG ratio of 0.06, and a remarkable ROE of 44.92%. In comparison, Bunge Ltd., a peer, is considered expensive with a P/E of 10.64, highlighting Pilgrim's Pride's relative value. The company's EV to EBITDA stands at 5.61, which is favorable compared to the industry average, further reinforcing its undervaluation. Additionally, Pilgrim's Pride has outperformed the S&P 500 over the past year with a return of 25.08% compared to the index's 10.26%, suggesting strong market confidence in its growth prospects. Overall, the combination of robust financial ratios and favorable peer comparisons positions Pilgrim's Pride as an attractive investment opportunity.