Ingles Markets
IMKTA
#3933
Rank
$1.79 B
Marketcap
$94.65
Share price
-0.40%
Change (1 day)
23.32%
Change (1 year)

P/E ratio for Ingles Markets (IMKTA)

P/E ratio as of January 2023 (TTM): 6.44

According to Ingles Markets's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.43878. At the end of 2021 the company had a P/E ratio of 6.18.

P/E ratio history for Ingles Markets from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.1857.88%
20203.92-67.68%
201912.167.86%
20187.22-9.64%
20177.99-53.65%
201617.212.64%
201515.39.77%
201413.9-54.72%
201330.8242.57%
20128.99

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.8 113.78%๐Ÿ‡บ๐Ÿ‡ธ USA
5.83-9.53%๐Ÿ‡ง๐Ÿ‡ท Brazil
18.8 192.11%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.