Below is the annual price-to-sales ratio for Pilgrim’s Pride (PPC) from 1994 to 2017 as indicated in Value Line Investment Survey. The annual data shows the ratio based on the annual high and annual low price relative to sales.
The price-to-sales data for Pilgrim’s Pride is interesting in that in spite of a declining trend from the 2014 highs the “year low price/sales” figure is still nearly as high as the 1995 and 2005 peaks of the “year high price/sales” numbers. Below is the same data covering the same period for Sanderson Farms (SAFM), a competitor to Pilgrim’s Pride.
While the SAFM “year low price/sales” ratio isn’t in a declining trend (as of 2017), it is not near the high peaks of 1997 and 2004 “year high price/sales” numbers.