P/E ratio for Kroger (KR)
P/E ratio as of March 2023 (TTM): 15.5
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.
P/E ratio history for Kroger from 2001 to 2022
PE ratio at the end of each year
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walmart WMT | 32.7 | 111.80% | 🇺🇸 USA |
 Sprouts Farmers Market SFM | 14.2 | -8.28% | 🇺🇸 USA |
 Ingles Markets IMKTA | 6.13 | -60.35% | 🇺🇸 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.