Is Seaboard Corp. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Seaboard Corp. has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key valuation ratios include a P/E ratio of 20, a Price to Book Value of 0.57, and an EV to EBITDA of 5.45, which suggest that while the company is not undervalued, it does not exhibit the characteristics of a strong buy either.
In comparison to its peers, Seaboard Corp. has a higher P/E ratio than Pilgrim's Pride Corp. at 8.20 and Cal-Maine Foods, Inc. at 6.80, both of which are considered more attractive investments. Additionally, the company's return performance has been mixed; while it outperformed the S&P 500 with a year-to-date return of 48.44% compared to 16.30%, it has lagged significantly over the longer term, with a 3-year return of -4.47% versus the S&P 500's 76.66%.