P/E ratio for SpartanNash (SPTN)
P/E ratio as of April 2024 (TTM): 16.3
According to SpartanNash 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2857. At the end of 2022 the company had a P/E ratio of 31.2.
P/E ratio history for SpartanNash from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 31.2 | |
| 2013 | 46.7 | 313.42% |
| 2012 | 11.3 | -21.86% |
| 2011 | 14.5 | 4.88% |
| 2010 | 13.8 | 33.08% |
| 2009 | 10.4 | -22.5% |
| 2008 | 13.4 | -7.61% |
| 2007 | 14.5 | -23.3% |
| 2006 | 18.9 | 62.86% |
| 2005 | 11.6 | 27.29% |
| 2004 | 9.10 | -367.42% |
| 2003 | -3.40 | 1109.62% |
| 2002 | -0.2812 | -102.16% |
| 2001 | 13.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sysco SYY | 21.6 | 32.57% | 🇺🇸 USA |
 Village Super Market VLGEA | 7.30 | -55.17% | 🇺🇸 USA |
 The Chefs' Warehouse CHEF | 63.8 | 291.68% | 🇺🇸 USA |
 Core-Mark
CORE | N/A | N/A | 🇺🇸 USA |
 Weis Markets
WMK | 14.7 | -9.59% | 🇺🇸 USA |
 United Natural Foods
UNFI | 21.5 | 32.09% | 🇺🇸 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.