Kroger
KR
#547
Rank
$36.50 B
Marketcap
$50.17
Share price
-2.34%
Change (1 day)
8.17%
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 June 2024 (TTM): 22.9

According to Kroger's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.933. At the end of 2022 the company had a P/E ratio of 13.8.

P/E ratio history for Kroger from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.8
20208.40-42.9%
201914.7134.38%
20186.28-61.12%
201716.1-1.74%
201616.4-19.66%
201520.53.53%
201419.850.44%
201313.1-28.83%
201218.549.34%
201112.4-5.5%
201013.1-84.08%
200982.1484.57%
200814.0-6.91%
200715.1-8.42%
200616.5-95.64%
2005378502.78%
200462.6336.57%
200314.342.1%
200210.1-37.58%
200116.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.8-44.26%๐Ÿ‡บ๐Ÿ‡ธ USA
30.9 34.62%๐Ÿ‡บ๐Ÿ‡ธ USA
5.79-74.77%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.