According to Kroger's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.4531. At the end of 2020 the company had a P/E ratio of 8.40.
Year | P/E ratio | Change |
---|---|---|
2020 | 8.40 | -42.9% |
2019 | 14.7 | 134.38% |
2018 | 6.28 | -61.12% |
2017 | 16.1 | -2.21% |
2016 | 16.5 | -19.28% |
2015 | 20.5 | 3.85% |
2014 | 19.7 | 49.98% |
2013 | 13.1 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Walmart WMT | 32.7 | 111.80% | ๐บ๐ธ USA |
![]() Sprouts Farmers Market SFM | 14.2 | -8.28% | ๐บ๐ธ USA |
![]() Ingles Markets IMKTA | 6.13 | -60.35% | ๐บ๐ธ USA |
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.