P/E ratio for Ingles Markets (IMKTA)
P/E ratio as of April 2024 (TTM): 5.96
According to Ingles Markets's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.95769. 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 |
|---|---|---|
| 2022 | 6.49 | 4.95% |
| 2021 | 6.18 | 57.88% |
| 2020 | 3.92 | -67.68% |
| 2019 | 12.1 | 67.86% |
| 2018 | 7.22 | -9.64% |
| 2017 | 7.99 | -53.65% |
| 2016 | 17.2 | 13.81% |
| 2015 | 15.1 | 7.41% |
| 2014 | 14.1 | -56.29% |
| 2013 | 32.3 | 258.88% |
| 2012 | 8.99 | 5.57% |
| 2011 | 8.51 | -54.32% |
| 2010 | 18.6 | 24.44% |
| 2009 | 15.0 | 83.1% |
| 2008 | 8.18 | -18.15% |
| 2007 | 10.00 | -34.57% |
| 2006 | 15.3 | 20.54% |
| 2005 | 12.7 | 35.98% |
| 2004 | 9.32 | -36.56% |
| 2003 | 14.7 | -35.45% |
| 2002 | 22.8 | 46.35% |
| 2001 | 15.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kroger KR | 25.1 | 320.75% | 🇺🇸 USA |
 GPA CBD | -0.1996 | -103.35% | 🇧🇷 Brazil |
 Weis Markets
WMK | 14.7 | 147.13% | 🇺🇸 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.