P/E ratio for Kroger (KR)
P/E ratio as of December 2023 (TTM): 19.8
According to Kroger's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.7634. 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 |
|---|---|---|
| 2022 | 13.8 | |
| 2020 | 8.40 | -42.9% |
| 2019 | 14.7 | 134.38% |
| 2018 | 6.28 | -61.12% |
| 2017 | 16.1 | -1.74% |
| 2016 | 16.4 | -19.66% |
| 2015 | 20.5 | 3.53% |
| 2014 | 19.8 | 50.44% |
| 2013 | 13.1 | -28.83% |
| 2012 | 18.5 | 49.34% |
| 2011 | 12.4 | -5.5% |
| 2010 | 13.1 | -84.08% |
| 2009 | 82.1 | 484.57% |
| 2008 | 14.0 | -6.91% |
| 2007 | 15.1 | -8.42% |
| 2006 | 16.5 | -95.64% |
| 2005 | 378 | 502.78% |
| 2004 | 62.6 | 336.57% |
| 2003 | 14.3 | 42.1% |
| 2002 | 10.1 | -37.58% |
| 2001 | 16.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walmart WMT | 29.8 | 50.91% | 🇺🇸 USA |
 Sprouts Farmers Market SFM | 17.6 | -11.03% | 🇺🇸 USA |
 Ingles Markets IMKTA | 6.64 | -66.40% | 🇺🇸 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.