As of Jul 25, 2024, the IMKTA stock has a PE ratio of 8.32. The calculation is based on the latest EPS of $9.49 and the stock price of $78.97 per share. An increase of 10% has been observed in the PE ratio compared to its average of 7.6 of the last four quarters.
The mean historical PE ratio of Ingles Markets over the last ten years is 9.14. The current 8.32 P/E ratio is 9% lower than the historical average. Looking back at the last ten years, IMKTA's PE ratio peaked in the Dec 2016 quarter at 17.65, with a price of $49.25 and an EPS of $2.79. The Dec 2020 quarter marked the lowest point at 3.74, with a price of $40.74 and an EPS of $10.88.
Maximum annual increase: 44.06% in 2015
Maximum annual decrease: -68.09% in 2014
Year | PE ratio | Change |
---|---|---|
2023 | 6.64 | 19.21% |
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% |
IMKTA's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
In comparison to its peers KR and SFM, IMKTA's PE ratio is lower, but it is higher than VLGEA's. Ingles Markets's PE ratio is trading below the peer average of 18.5.
Stock name | PE ratio | Market cap |
---|---|---|
VLGEA Village Super Market Inc | 7.75 | $451.19M |
IMKTA Ingles Markets Inc | 8.4 | $1.51B |
KR Kroger Co | 18.33 | $39.17B |
WMK Weis Markets Inc | 19.98 | $2.02B |
SFM Sprouts Farmers Market Inc | 29.69 | $8.71B |
IMKTA's price to earnings ratio is 8.32 as of Jul 25, 2024.
The 3-year average price to earnings ratio for IMKTA stock is 6.59.
The 5-year average price to earnings ratio for IMKTA stock is 6.53.
Over the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 17.65.
IMKTA's current price to earnings ratio is 9% below its 10-year historical average.
IMKTA's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Ingles Markets's share price is $78.97. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $9.49. Therefore, Ingles Markets's PE ratio for today is 8.32. PE RATIO(8.32) = STOCK PRICE($78.97) / TTM EPS($9.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.