Bid Corporation Limited provides foodservice solutions worldwide. The company manufactures and distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, and ambient goods for the hospitality, institutional, catering, and retail sectors. It also provides foodservice and beverage distribution services for the HoReCa sector; and develops e-commerce solutions. In addition, the company manufactures and distributes meat, poultry, dairy, and general food ingredients, as well as baking ingredients and equipment; and offers a multi-temperature foodservice for various ambient, and chilled and frozen food products. Further, it distributes specialty products for the western styled food market; and frozen, chilled, and ambient local products for the independent street market, as well as sells non-food goods. The company was founded in 1988 and is headquartered in Johannesburg, South Africa.
P/B ratio for Bid Corporation Limited (BID.JO)
P/B ratio as of 2023: 3.28
According to Bid Corporation Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.28. At the end of 2022 the company had a P/B ratio of 3.47.
P/B ratio history for Bid Corporation Limited from 2012 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.28 |
| 2022 | 3.47 |
| 2021 | 3.32 |
| 2020 | 3.71 |
| 2019 | 3.42 |
| 2018 | 3.54 |
| 2017 | 3.45 |
| 2016 | 4.22 |
| 2015 | 3.80 |
| 2014 | 5.03 |
| 2013 | 5.80 |
| 2012 | 7.72 |