As of May 6, 2024, the Kroger stock's price-to-earnings ratio is 18.47. This results from the current EPS of $2.99 and stock price of $55.24. The PE ratio has increased by 8% from the past four quarters average of 17.2.
The PE ratio of Kroger has averaged 15.24 over the last ten years. The current P/E ratio of 18.47 is 21% higher than the historical average. In the past ten years, KR's PE ratio peaked in the Nov 2021 quarter at 31.12, when the stock price was $42.32 and the EPS was $1.36. The lowest point was in the May 2018 quarter, when it reached 5.9 with a price of $24.61 and an EPS of $4.17.
Maximum annual increase: 89.64% in 2022
Maximum annual decrease: -46.87% in 2019
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 15.43 | 6.19% |
| 2023 | 14.53 | -26.47% |
| 2022 | 19.76 | 89.64% |
| 2021 | 10.42 | -20.46% |
| 2020 | 13.1 | 77.27% |
| 2019 | 7.39 | -46.87% |
| 2018 | 13.91 | -13.28% |
| 2017 | 16.04 | -13.62% |
| 2016 | 18.57 | -6.4% |
| 2015 | 19.84 | 61.56% |
The current PE ratio of KR is above the 5 and 10-year averages, but it is lower than the 3-year average.
KR's PE ratio stands lower than its peer stocks WMT and SFM, but it is higher than IMKTA's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IMKTA Ingles Markets Inc | 7.32 | $1.38B |
| KR Kroger Co | 18.43 | $39.78B |
| SFM Sprouts Farmers Market Inc | 25.92 | $7.6B |
| WMT Walmart Inc | 31.55 | $488.2B |
The price to earnings ratio for KR stock is 18.47 as of May 6, 2024.
Over the last 3 years, the average price to earnings ratio for KR stock is 18.83.
Over the last 5 years, the average price to earnings ratio for KR stock is 15.81.
Over the last ten years, the quarterly PE ratio reached a historic high of 31.12 in the Nov 2021 quarter.
KR's price to earnings ratio is currently 21% above its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 6, 2024), Kroger's stock price is $55.24. The earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $2.99. Therefore, Kroger's PE ratio for today is 18.47. PE RATIO(18.47) = STOCK PRICE($55.24) / TTM EPS($2.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.