P/E ratio for Sprouts Farmers Market (SFM)
P/E ratio as of March 2023 (TTM): 15.0
According to Sprouts Farmers Market's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.9761. At the end of 2021 the company had a P/E ratio of 14.1.
P/E ratio history for Sprouts Farmers Market from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.1 | 71.57% |
| 2020 | 8.24 | -46.78% |
| 2019 | 15.5 | -19.67% |
| 2018 | 19.3 | -7.41% |
| 2017 | 20.8 | -7.6% |
| 2016 | 22.5 | -28.85% |
| 2015 | 31.7 | -32.93% |
| 2014 | 47.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kroger KR | 15.9 | 6.15% | 🇺🇸 USA |
 Ingles Markets IMKTA | 5.87 | -60.77% | 🇺🇸 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.