Kroger
KR
#491
Rank
$35.21 B
Marketcap
$49.19
Share price
-0.32%
Change (1 day)
18.44%
Change (1 year)
Kroger Co. is the largest grocery supermarket chain and third largest retailer in the United States with sales of over $100 billion.

P/E ratio for Kroger (KR)

P/E ratio as of December 2022 (TTM): 14.8

According to Kroger's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8163. At the end of 2020 the company had a P/E ratio of 8.40.

P/E ratio history for Kroger from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20208.40-42.9%
201914.7134.38%
20186.28-61.12%
201716.1-2.21%
201616.5-19.28%
201520.53.85%
201419.749.98%
201313.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
30.3 104.52%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9 0.74%๐Ÿ‡บ๐Ÿ‡ธ USA
6.84-53.83%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.