As of Apr 26, 2024, the IMKTA stock has a PE ratio of 7.31. The calculation is based on the latest EPS of $9.95 and the stock price of $72.71 per share. The PE ratio currently is comparable to its last four-quarter average.
The mean historical PE ratio of Ingles Markets over the last ten years is 9.24. The current 7.31 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.
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 WMK, IMKTA's PE ratio is lower, but it is higher than VLGEA's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VLGEA Village Super Market Inc | 6.95 | $405.06M |
| IMKTA Ingles Markets Inc | 7.31 | $1.38B |
| WMK Weis Markets Inc | 16.49 | $1.71B |
| KR Kroger Co | 18.56 | $40.05B |
IMKTA's price to earnings ratio is 7.31 as of Apr 26, 2024.
The 3-year average price to earnings ratio for IMKTA stock is 6.3.
The 5-year average price to earnings ratio for IMKTA stock is 6.52.
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 (Apr 26, 2024), Ingles Markets's share price is $72.71. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $9.95. Therefore, Ingles Markets's PE ratio for today is 7.31. PE RATIO(7.31) = STOCK PRICE($72.71) / TTM EPS($9.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.