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IMKTA Ingles Markets PE ratio, current and historical analysis

As of Sep 28, 2023, the IMKTA stock has a PE ratio of 6.15. The calculation is based on the latest EPS of $12.28 and the stock price of $75.51 per share. A decrease of 4.2% has been observed in the PE ratio compared to its average of 6.4 of the last four quarters.

IMKTA PE ratio history

How has IMKTA's PE ratio performed in the past

The mean historical PE ratio of Ingles Markets over the last ten years is 10.31. The current 6.15 P/E ratio is 40% lower than the historical average. Looking back at the last ten years, IMKTA's PE ratio peaked in the Dec 2013 quarter at 32.53, with a price of $27 and an EPS of $0.83. The Dec 2020 quarter marked the lowest point at 3.74, with a price of $40.74 and an EPS of $10.88.

Average
10.31
Median
7.82
Minimum
3.74
Maximum
32.53

Ingles Markets PE ratio by year

Maximum annual increase: 265.33% in 2013

Maximum annual decrease: -68.09% in 2014

Year PE ratio Change
2022 5.57 11.18%
2021 5.01 24.32%
2020 4.03 -57.04%
2019 9.38 35.35%
2018 6.93 -26.12%
2017 9.38 -33.14%
2016 14.03 -4.43%
2015 14.68 44.06%
2014 10.19 -68.09%
2013 31.93 265.33%

IMKTA average PE ratio chart

What is the average PE ratio of IMKTA for the past years

IMKTA's current PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.

3-year avg
5.75
5-year avg
6.44
10-year avg
10.31
15-year avg
11.29

IMKTA PE vs peers

What is IMKTA's PE ratio compared to its peers

In comparison to its peer stocks KR and WMK, IMKTA's PE ratio is lower.

Stock name PE ratio Market cap
IMKTA Ingles Markets Inc 6.1 $1.42B
VLGEA Village Super Market Inc 6.31 $338.3M
WMK Weis Markets Inc 14.27 $1.68B
KR Kroger Co 19.76 $32.12B

Frequently asked questions

What is Ingles Markets's PE ratio?

IMKTA's price to earnings ratio is 6.15 as of Sep 28, 2023.

What is the 3-year average PE ratio for Ingles Markets (IMKTA)?

The 3-year average price to earnings ratio for IMKTA stock is 5.75.

What is the 5-year average PE ratio for Ingles Markets (IMKTA)?

The 5-year average price to earnings ratio for IMKTA stock is 6.44.

What is the highest PE ratio for IMKTA?

Over the last ten years, the Dec 2013 quarter recorded the highest quarterly PE ratio at 32.53.

How does the current PE ratio for IMKTA compare to its historical average?

IMKTA's current price to earnings ratio is 40% below its 10-year historical average.

Why is Ingles Markets's PE ratio so low?

IMKTA's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

How is IMKTA's PE ratio calculated (Ingles Markets PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Sep 28, 2023), Ingles Markets's share price is $75.51. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $12.28. Therefore, Ingles Markets's PE ratio for today is 6.15. PE RATIO(6.15) = STOCK PRICE($75.51) / TTM EPS($12.28)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.