Seaboard Inc. Stock Performance: P/E Ratio Overview

Seaboard Inc. (SEB) stock price is at $3978.41, down 0.90% in the current market session. However, over the past month, the stock increased by 13.17%, and in the past year, by 26.41%. The company's P/E ratio is 28.02, higher than the Food Products industry's P/E ratio of 20.67, indicating investors expect better future performance. However, this may suggest the stock is overvalued. Investors should use caution when interpreting P/E ratios and consider other metrics and qualitative factors when making investment decisions.