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.
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.
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's current PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
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 |
IMKTA's price to earnings ratio is 6.15 as of Sep 28, 2023.
The 3-year average price to earnings ratio for IMKTA stock is 5.75.
The 5-year average price to earnings ratio for IMKTA stock is 6.44.
Over the last ten years, the Dec 2013 quarter recorded the highest quarterly PE ratio at 32.53.
IMKTA's current price to earnings ratio is 40% 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 (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.