Sprouts Farmers Market
SFM
#1930
Rank
$8.30 B
Marketcap
$82.63
Share price
-0.08%
Change (1 day)
115.97%
Change (1 year)

P/E ratio for Sprouts Farmers Market (SFM)

P/E ratio as of July 2024 (TTM): 33.5

According to Sprouts Farmers Market's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.5265. At the end of 2022 the company had a P/E ratio of 13.4.

P/E ratio history for Sprouts Farmers Market from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.4-4.97%
202114.171.57%
20208.24-46.78%
201915.5-19.67%
201819.3-7.41%
201720.8-7.6%
201622.5-28.85%
201531.7-32.93%
201447.2-56.35%
2013108

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.95-82.24%๐Ÿ‡บ๐Ÿ‡ธ USA
23.5-29.95%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.