Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Pilgrims Pride's share price for the quarter that ended in Mar. 2024 was $34.32. Pilgrims Pride's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 237 Mil. Therefore, Pilgrims Pride's market cap for the quarter that ended in Mar. 2024 was $8,132 Mil.
Pilgrims Pride's quarterly market cap
increased
from Sep. 2023 ($5,405 Mil) to Dec. 2023 ($6,550 Mil) and
increased
from Dec. 2023 ($6,550 Mil) to Mar. 2024 ($8,132 Mil).
Pilgrims Pride's annual market cap
declined
from Dec. 2021 ($6,872 Mil) to Dec. 2022 ($5,611 Mil) but then
increased
from Dec. 2022 ($5,611 Mil) to Dec. 2023 ($6,550 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Pilgrims Pride's Enterprise Value for Today is $11,554 Mil.
Pilgrims Pride Market Cap Historical Data
The historical data trend for Pilgrims Pride's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Pilgrims Pride's Market Cap
For the Packaged Foods subindustry, Pilgrims Pride's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pilgrims Pride's Market Cap Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Pilgrims Pride's Market Cap distribution charts can be found below:
* The bar in red indicates where Pilgrims Pride's Market Cap falls into.
Pilgrims Pride Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Pilgrims Pride's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pilgrims Pride (NAS:PPC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Pilgrims Pride Market Cap Related Terms
Thank you for viewing the detailed overview of Pilgrims Pride's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Pilgrims Pride (Pilgrims Pride) Business Description
Pilgrim's Pride is the second-largest poultry producer in the U.S. (62% of 2022 sales), the U.K. (28% including other European sales), and Mexico (11%). Its U.K. and European arm also includes pork operations from the 2019 acquisition of Tulip. Pilgrim's sells to chain restaurants, food processors, food distributors, and retail chains. Most of its U.S. and Mexican sales come from fresh chicken, while prepared chicken and pork constitute most of its U.K. and European sales. JBS owns more than 80% of Pilgrim's Pride's outstanding shares, though it failed to acquire the remaining stake in 2021 after a special board committee deemed JBS' offer undervalued Pilgrim's Pride.
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