Back to IMKTA overview
#
IMKTA Ingles Markets
PE ratio, current and historical analysis

## IMKTA PE ratio history

### Ingles Markets PE ratio by year

## IMKTA average PE ratio chart

## IMKTA PE vs peers

## Frequently asked questions

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What is Ingles Markets's PE ratio?

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

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

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What is the highest PE ratio for IMKTA?

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

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Why is Ingles Markets's PE ratio so low?

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

As of Jun 20, 2024, the IMKTA stock has a PE ratio of 7.3. The calculation is based on the latest EPS of $9.49 and the stock price of $69.23 per share. A decrease of 3.3% has been observed in the PE ratio compared to its average of 7.6 of the last four quarters.

How has IMKTA's PE ratio performed in the past

The mean historical PE ratio of Ingles Markets over the last ten years is 9.21. The current 7.3 P/E ratio is 21% 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.

Average

9.21

Median

7.79

Minimum

3.74

Maximum

17.65

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% |

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

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

3-year avg

6.44

5-year avg

6.59

10-year avg

9.21

15-year avg

11.23

What is IMKTA's PE ratio compared to its peers

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 16.57.

Stock name | PE ratio | Market cap |
---|---|---|

VLGEA Village Super Market Inc | 6.33 | $368.55M |

IMKTA Ingles Markets Inc | 7.36 | $1.33B |

WMK Weis Markets Inc | 16.88 | $1.7B |

KR Kroger Co | 17.01 | $36.71B |

SFM Sprouts Farmers Market Inc | 26.48 | $7.77B |

IMKTA's price to earnings ratio is 7.3 as of Jun 20, 2024.

The 3-year average price to earnings ratio for IMKTA stock is 6.44.

The 5-year average price to earnings ratio for IMKTA stock is 6.59.

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 21% 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 (Jun 20, 2024), Ingles Markets's share price is $69.23. 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 7.3. `PE RATIO(7.3) = STOCK PRICE($69.23) / TTM EPS($9.49)`

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