IMKTA Ingles Markets PE ratio, current and historical analysis
As of Nov 21, 2024, the IMKTA stock has a PE ratio of 8.18. The calculation is based on the latest EPS of $8.6 and the stock price of $70.33 per share. An increase of 4.3% has been observed in the PE ratio compared to its average of 7.8 of the last four quarters.
IMKTA PE ratio history
The mean historical PE ratio of Ingles Markets over the last ten years is 9.08. The current 8.18 P/E ratio is 10% 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.
Ingles Markets PE ratio by year
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 average PE ratio chart
IMKTA's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
IMKTA PE vs peers
In comparison to its peer stocks KR and SFM, IMKTA's PE ratio is lower. Ingles Markets's PE ratio is trading below the peer average of 22.44.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IMKTA Ingles Markets Inc | 8.18 | $1.34B |
| VLGEA Village Super Market Inc | 8.44 | $471.23M |
| KR Kroger Co | 15.22 | $42.38B |
| WMK Weis Markets Inc | 19.87 | $1.9B |
| NGVC Natural Grocers by Vitamin Cottage Inc | 26.85 | $826.27M |
| SFM Sprouts Farmers Market Inc | 41.8 | $14.59B |
Frequently asked questions
What is Ingles Markets's PE ratio?
IMKTA's price to earnings ratio is 8.18 as of Nov 21, 2024.
What is the 3-year average PE ratio for Ingles Markets (IMKTA)?
The 3-year average price to earnings ratio for IMKTA stock is 6.86.
What is the 5-year average PE ratio for Ingles Markets (IMKTA)?
The 5-year average price to earnings ratio for IMKTA stock is 6.46.
What is the highest PE ratio for IMKTA?
Over the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 17.65.
How does the current PE ratio for IMKTA compare to its historical average?
IMKTA's current price to earnings ratio is 10% 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 (Nov 21, 2024), Ingles Markets's share price is $70.33. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $8.6. Therefore, Ingles Markets's PE ratio for today is 8.18. PE RATIO(8.18) = STOCK PRICE($70.33) / TTM EPS($8.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.