Is Seaboard Corp. overvalued or undervalued?

As of 17 October 2025, Seaboard Corp. has moved from fair to very expensive in its valuation grade. The company is considered overvalued based on its current financial metrics. Key ratios include a P/E ratio of 20, an EV to EBITDA of 5.45, and a Price to Book Value of 0.57. In comparison, Pilgrim's Pride Corp. has a P/E ratio of 8.20, while Cal-Maine Foods, Inc. shows a P/E of 6.80, indicating that Seaboard Corp. is trading at a significant premium relative to its peers.
In terms of recent performance, Seaboard Corp. has shown a year-to-date return of 40.19%, outperforming the S&P 500's 13.30%, but its longer-term returns have lagged, with a 3-year return of -6.53% compared to the S&P 500's 81.19%. This suggests that while the stock has had a strong start to the year, its overall valuation appears excessive given the performance and comparison with industry peers.