Ingles Markets
IMKTA
#4575
Rank
$1.46 B
Marketcap
$77.01
Share price
1.50%
Change (1 day)
-14.41%
Change (1 year)

P/E ratio for Ingles Markets (IMKTA)

P/E ratio as of February 2024 (TTM): 6.17

According to Ingles Markets's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.17331. At the end of 2022 the company had a P/E ratio of 6.49.

P/E ratio history for Ingles Markets from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.494.95%
20216.1857.88%
20203.92-67.68%
201912.167.86%
20187.22-9.64%
20177.99-53.65%
201617.213.81%
201515.17.41%
201414.1-56.29%
201332.3258.88%
20128.995.57%
20118.51-54.32%
201018.624.44%
200915.083.1%
20088.18-18.15%
200710.00-34.57%
200615.320.54%
200512.735.98%
20049.32-36.56%
200314.7-35.45%
200222.846.35%
200115.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.7 250.95%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.3606-105.84%๐Ÿ‡ง๐Ÿ‡ท Brazil
14.1 127.63%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.