Start with its own history
At 15.74×, IMKTA is 74.4% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · IMKTAGrocery StoresUpdated Nov 5, 2026
Ingles Markets, Incorporated P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
15.74×
74.4% abovethe 10-year annual average
Share price86.11
÷Earnings per share5.47
Price and EPS in quote currency. Calculation details
Investors are paying 15.74 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 9.03×
3-year average11.67×3 positive annual observations
5-year average9.12×5 positive annual observations
10-year average9.03×10 positive annual observations
Peer median · TTM14.37×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Sep 27, 2025 | 15.27× | +16.6% |
| Sep 28, 2024 | 13.09× | +97.2% |
| Sep 30, 2023 | 6.64× | +19.2% |
| Sep 24, 2022 | 5.57× | +11.0% |
| Sep 25, 2021 | 5.01× | +24.5% |
| Sep 26, 2020 | 4.03× | -57.1% |
| Sep 30, 2019 | 9.39× | +37.7% |
| Sep 30, 2018 | 6.82× | -29.5% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2017 | 9.66× | -34.8% |
| Sep 30, 2016 | 14.81× | -9.3% |
| Sep 30, 2015 | 16.32× | +56.4% |
| Sep 30, 2014 | 10.44× | -68.4% |
| Sep 30, 2013 | 33.02× | +273.4% |
| Sep 30, 2012 | 8.84× | -0.6% |
| Sep 30, 2011 | 8.90× | -30.3% |
| Sep 30, 2010 | 12.78× | -4.8% |
| Sep 30, 2009 | 13.42× | +25.2% |
| Sep 30, 2008 | 10.72× | -9.1% |
| Sep 30, 2007 | 11.79× | -18.7% |
| Sep 30, 2006 | 14.49× | +2.7% |
| Sep 30, 2005 | 14.11× | +41.5% |
| Sep 30, 2004 | 9.97× | -23.7% |
| Sep 30, 2003 | 13.07× | -19.4% |
| Sep 30, 2002 | 16.21× | +9.9% |
| Sep 30, 2001 | 14.75× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How IMKTA compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 IMKTA This stockIngles Markets, Incorporated | 15.74× |
 KRThe Kroger Co. | 37.28× |
 ACIAlbertsons Companies, Inc. | N/M |
 WMKWeis Markets, Inc. | 19.47× |
 VLGEAVillage Super Market, Inc. | 10.94× |
 SFMSprouts Farmers Market, Inc. | 10.36× |
 GOGrocery Outlet Holding Corp. | N/M |
 NGVCNatural Grocers by Vitamin Cottage, Inc. | 14.37× |
 DNUTKrispy Kreme, Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does IMKTA’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 14.37×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take IMKTA into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("IMKTA", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 86.11 ÷ EPS 5.47 = 15.74×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
IMKTA P/E ratio: common questions
The essentials behind the numbers.
Ingles Markets, Incorporated's current P/E is 15.74× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.