Zambeef Products Plc P/E
What is the P/E of Zambeef Products Plc?
The P/E of Zambeef Products Plc is 191.67
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Consumer Staples sector on LSE compared to Zambeef Products Plc
What does Zambeef Products Plc do?
Zambeef Products PLC, together with its subsidiaries, engages in the agri-businesses in Zambia, West Africa, and internationally. The company engages in the production, processing, distribution, and retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour. It is also involved in the row cropping operations primarily maize, soya beans, and wheat with approximately 7,971 hectares of row crops under irrigation and 8,623 hectares of rain-fed/dry-land crops. In addition, the company engages in the palm tree plantation activities. The company operates 238 retail outlets directly to end-consumers. Further, it operates transport and trucking fleets; and produces, processes, and sells leather, shoes, and meat products, as well as engages in the chicken breeding business. The company was incorporated in 1994 and is headquartered in Lusaka, Zambia.
Companies with p/e similar to Zambeef Products Plc
- Boston Scientific has P/E of 189.52
- Shanghai Electric has P/E of 189.82
- Hongta Securities has P/E of 189.84
- Kelfred has P/E of 190.22
- Gokul Agro Resources has P/E of 190.41
- Hims & Hers Health has P/E of 190.88
- Zambeef Products Plc has P/E of 191.67
- Energizer Inc has P/E of 192.13
- Ling Yui has P/E of 192.22
- Millicom International Cellular S.A has P/E of 192.25
- Abcam PLC has P/E of 192.47
- Hamborner REIT AG has P/E of 192.65
- EIH has P/E of 193.24